Insights

Weekly Economic Perspectives: US Inflation May Be Peaking, But Pressures Still Intense

20 September 2021

Chief Economist

The Economy US inflation retreats but pressures still intense. Canadian inflation jumps. UK inflation surges. Eurozone industrial production improves. Japan’s machinery orders disappoint. Australia’s labor market report weaker than it seems. The Market A generally softer week for global equities. UK yields jump on inflation surprise. Dollar climbs after above consensus US retail sales. Oil gains on tighter market, but gold drops on higher inflation.

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