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Weekly Economic Perspective

US Consumers' Inflation Expectations Normalize

Chief Economist
Investment Strategist

The Economy

  • Disinflation boosts US consumer sentiment.
  • Canada’s CPI ticks back up.
  • UK’s retail sales plunge.
  • Eurozone disinflation pauses.
  • Japan’s underlying inflation remained strong.
  • Aussie full-time employment registers largest decline outside Covid.

Spotlight On Next Week

  • BoC to pushback on cuts.
  • ECB to hold policy, emphasize data dependence.
  • BoJ to hold policy, but look for hints on exit.

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