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Weekly Economic Perspectives

Canada's Labor Market Remains on Solid Footing

Chief Economist
Investment Strategist

The Economy

  • US consumer credit growth slows sharply.
  • Canada’s labor market smashes expectations…again.
  • UK GDP flat in Q4.
  • German industrial production drops.
  • Japanese wage inflation spikes.
  • The RBA delivers hawkish 25 bp hike.

Spotlight On Next Week

  • US inflation likely to downshift, but maybe not as much as expected.
  • Japan’s Q4 GDP may surprise to the upside.
  • Aussie January employment may rebound.

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