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Weekly Economic Perspectives

The Core Segments of the US Economy Are Slowing

Chief Economist
Investment Strategist

The Economy

  • US GDP details softer than the headline.
  • The BoC delivers what might be the last hike this cycle.
  • UK activity data remains soft.
  • Eurozone service sector perks up a little.
  • Tokyo CPI shows broadening Japanese inflation.
  • Aussie inflation surprises to the upside.

Spotlight On Next Week

  • The Fed to hike again, but only by 25 bp.
  • The BoE and ECB seek hiking 50 bp each.
  • Germany and France may have avoided an economic contraction in Q4, but Italy probably did not.

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