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Weekly Economic Perspectives

Path Clear for Rate Cut in September

July inflation data was slightly better than expected. Both overall and core (ex-food-and-energy) prices increased 0.2% MoM. The headline CPI print marked the first sub-3.0% reading since March 2021.

5 min read
Chief Economist
Investment Strategist

Further Modest Progress Toward Inflation Target

Spotlight on Next Week

  • Canadian inflation to ease. 
  • Weak eurozone manufacturing to persist. 
  • Japan’s national CPI to rise 2.6%.

More Weekly Economic Perspectives