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        Weekly Economic Perspectives

        Elevated US Inflation Persists, but Leading Signals Easing

        Simona M Mocuta
        Chief Economist
        Amy Le, CFA
        Investment Strategist
        Venkata Vamsea Krishna Bhimavarapu
        Economist

        The Economy

        • Elevated US inflation persists.
        • Existing home sales decline in Canada.
        • UK unemployment rate declines amid continued fiscal policy chaos.
        • Japan’s manufacturing orders fell but remained above the long-term trend.
        • Aussie consumer confidence fell again.

        Spotlight On Next Week

        • Mixed US housing data expected amid rising mortgage rates.
        • Inflation updates to show persistent pressures in UK and Japan.
        • Employment gain expected in Australia.
        Read Full Commentary

        More On Weekly Economic Perspectives

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