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Weekly Economic Perspectives: Extraordinary Surge in US Consumer Credit

Chief Economist
Investment Strategist

The Economy

  • The Fed hikes by 50 basis points.
  • Canada’s unemployment rate hits record low.
  • The BoE hikes by 25 basis points.
  • Germany’s industrial sector takes a hit.
  • Japanese consumer confidence still tepid.
  • The RBA hikes by 25 basis points.

Spotlight On Next Week

  • US inflation seen retreating from peak.
  • Decent first quarter growth expected in the UK.

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