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        Weekly Economic Perspectives

        Intense Cyclical Headwinds but No Structural Crisis in US Housing

        Simona M Mocuta
        Chief Economist
        Amy Le, CFA
        Investment Strategist
        Venkata Vamsea Krishna Bhimavarapu
        Economist

        The Economy

        • US housing activity slows again.
        • Canadian inflation eases from peak but UK inflation does not.
        • German producer price inflation makes new high.
        • Household spending lifts Japanese growth.
        • Wage inflation ticks higher in Australia.

        Spotlight On Next Week

        • US personal spending growth seen slowing.
        • Contraction in eurozone manufacturing activity likely deepened.
        Read Full Commentary

        More on Weekly Economic Perspectives

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