Resilient US Growth Contrasts With Softer Canadian and Japanese Demand

State Street Investment Management /

14-10-2026

State Street Investment Management’s Simona Mocuta, Amy Le and Krishna Bhimavarapu assess diverging economic signals across the US, Canada and Japan. wep-20261012

US services remain resilient, but consumer sentiment is near record lows as inflation pressures persist.
Canada’s weakening labour market reduces the case for another near-term Bank of Canada rate hike.
In Japan, rising wages have yet to translate into stronger consumption, supporting a cautious approach from the Bank of Japan.

Explore the full report for State Street’s latest assessment of global growth and monetary policy.