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        From Sectors and Smart Beta to Fixed Income, SPDR Exchange Traded Funds (ETFs) give you wide access to diverse investment opportunities. Find out more.

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        Weekly Economic Perspectives

        Moderation in US Wage Inflation Is Key Labor Market Trend

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

        The Economy

        • Puzzlingly strong US employment report. 
        • Canadian wage growth remains robust. 
        • UK private sector activity hurt by lower consumer demand.
        • Italian unemployment drops to multi-year low.
        • Japanese wage inflation moderates on decline in bonuses, but underlying trend solid.
        • The RBA holds rates but remains watchful.

        Our latest market commentary assesses whether the Fed's overconfidence in the soft-landing scenario could turn soft landing itself into something far less benign. Learn More.

        Spotlight On Next Week

        • US CPI inflation seen inching lower.
        • UK Industrial production likely to weaken further.
        Read Full Commentary

        More on Weekly Market Update

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