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Weekly Economic Perspectives

Latest Data Suggests Need for Urgency

It is not just the headline unemployment rate. The entirety of the data suggests some urgency: the drop in job openings, the lengthening duration of unemployment, the further moderation in wage inflation, the slowdown in real disposable income growth, etc.

4 min read
Chief Economist
Investment Strategist

Decidedly Weaker US Data Says Fed Should Start Cutting 

Wage Inflation Indeed Is Cooling

Spotlight on Next Week

  • US inflation to cool further. 
  • UK industrial output to increase.

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