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Weekly Economic Perspectives

Multi-speed Normalization in US Job Openings

Chief Economist
Investment Strategist

The Economy

  • US employment growth with lower wage inflation is a great combo.
  • Canada’s labor market beats expectations (again).
  • Resilient services bode well for eurozone economy.
  • Manufacturing conditions deteriorate in Japan.s
  • The RBA pauses as expected.

Spotlight On Next Week

  • US inflation poised to take meaningful step lower.
  • Bank of Canada to hold interest rates (again).
  • Australia’s labor market may cool.

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