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Weekly Economic Perspectives

Is Philly Fed Signalling An End To Goods Disinflation?

Chief Economist
Investment Strategist

The Economy

  • Mixed industrial and housing data in the US.
  • Inflation improved more than expected in Canada and the UK.
  • Eurozone disinflation becomes more convincing.
  • Japan’s inflation remained firm.
  • Aussie employment rises.

Spotlight On Next Week

  • The Fed is set to deliver another unnecessary hike.
  • The ECB is set to hike again, but turn more cautious on outlook.
  • BoJ to upgrade inflation and amend YCC.
  • Australian inflation to have moderated in Q2.

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