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Weekly Economic Perspectives

Lower Prices Needed to Clear the US New Home Market

Chief Economist
Investment Strategist

The Economy

  • Fed’s favorite inflation metric surprises to the upside.
  • Canadian inflation moderates.
  • Service activity rebounds in the UK and the eurozone.
  • BoJ governor nominee makes a balanced first impressions.
  • Aussie wage pressures persist.

Spotlight On Next Week

  • US service activity to remain robust.
  • Canadian Q4 GDP growth to moderate.
  • Tokyo CPI expected to slow.
  • Aussie economy to end the year strongly.

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