by InteractiveAdvisors
by InteractiveAdvisors
Outlook

Weekly economic perspectives

by |Published

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

The Economy

  • Elevated US inflation kills prospects for near-term rate cuts.
  • Canadian housing starts to rebound.
  • UK wage growth moderates.
  • The ECB announces a new operational framework.
  • Japan averts technical recession.
  • Aussie business conditions improve modestly.

Spotlight On Next Week

  • The Fed to hold both rates and (most likely) rate forecasts.
  • The BoE is on hold while UK CPI moderates further.
  • The Bank of Japan to exit negative rates.
  • RBA on hold.

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Originally Posted March 18th, 2024, on State Street Global Advisors’ blog

PHOTO CREDIT: https://www.shutterstock.com/g/Rawpixel

Via SHUTTERSTOCK

Disclosures

Important Risk Information

This communication is not intended to be an investment recommendation or investment advice and should not be relied upon as such.

The views expressed in this material are the views of the SPDR Gold Strategy Team through the period ended February 29, 2024 and are subject to change based on market and other conditions. This document contains certain statements that may be deemed forward looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected.

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AUTHOR

State Street Global Advisors
State Street Global Advisors
For four decades, State Street Global Advisors has served the world’s governments, institutions and financial advisors. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of active and index strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become the world’s third largest asset manager with US $2.72 trillion* under our care. While State Street licenses model portfolio data enabling Interactive Advisors to build and periodically rebalance these portfolios, State Street does not have trading discretion, and it is not an adviser or fiduciary to Interactive Advisors clients investing in these portfolios. *AUM reflects approximately $32.9 billion (as of June 30, 2018), with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.

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