Skip to main content
Weekly Economic Perspectives

Wage Disinflation Key to Preserving US Soft Landing Path

Chief Economist
Investment Strategist

The Economy

  • US job gains slow.
  • Resurgent Canadian employment.
  • Service sector momentum slows in the UK and the eurozone.
  • Japanese wage growth handily beats expectations.
  • The RBA holds but signals more hikes may be needed.

Spotlight On Next Week

  • Another big step down in US inflation.
  • The BoC expected to deliver 25 bp hike.
  • UK wage inflation may accelerate further.
  • Sentiment may improve among Aussie consumers.

More on Weekly Market Update