State Street Investment Management’s Weekly Economic Perspectives (Simona Mocuta, Amy Le and Krishna Bhimavarapu) highlights where macro risks are shifting as 2026 begins.
-
The US personal saving rate fell to 3.5% (three-year low), signalling reduced resilience for lower-income consumers as job growth slows.
-
UK inflation rose to 3.4% y/y, but remains below Bank of England expectations, keeping March and June rate cuts in play.
-
Japan’s data improved (manufacturing PMI 51.5), yet inflation eased to 2.1%, supporting a “one hike in 2026” base case.
Explore the full commentary for the cross-country dashboard and next-week catalysts shaping rates and risk assets.
To read this article, you need a subscription to Investment Officer. If you don't have a subscription yet, click on 'Subscribe' to see the various subscription options.
