Weekly Economic Perspectives

US Unemployment Rate Plateaus As Payroll Gains Slow


Chief Economist
Investment Strategist
Economist

The Economy

  • The Fed delivers a fourth consecutive 75 bp hike.
  • Unexpected surge in Canadian employment.
  • The BoE delivers dovish 75 bp hike.
  • Eurozone growth surprises to the upside...again!
  • First signs of YCC adjustments emerge in Japan.
  • RBA delivers 25 bp hike and tweaks forecasts.

Spotlight On Next Week

  • US inflation expected to moderate slightly.
  • UK economy likely contracted in Q3.
  • Japanese labor cash earnings may surprise to the upside.

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