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Weekly Economic Perspectives

April CPI Data Brings Relief

US inflation improves but demand indicators soften. The headline inflation rate eased a tenth to 3.4% YoY and the core inflation rate eased two-tenths to 3.6% YoY.

5 min read
Chief Economist
Investment Strategist

US Core Inflation Metrics

Spotlight on Next Week

  • Canadian and UK inflation to have eased.
  • Japan’s inflation to have eased but will remain above the target.
  • The RBA’s minutes may highlight their hawkish biases.

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