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Weekly Economic Perspectives

Gas Prices Big Reason for Easing Inflation Expectations in US

Chief Economist
Investment Strategist

The Economy

  • Signs of worsening consumer sentiment in the US.
  • Canada’s GDP rose in February.
  • New mortgage lending dwindles in the UK.
  • Inflation starts to recede across the eurozone.
  • Japan’s Tokyo CPI remained robust in March.
  • Aussie CPI moderated more than expected in February.

Spotlight On Next Week

  • US employment growth to slow further.
  • Canada’s labor market may cool.
  • Japan’s household spending may shift higher.
  • RBA to pause, finally.

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