Rate cuts to start materializing by mid-year
Geopolitical conflicts and inflation remain at the forefront of American consumers' minds
Recent survey finds 36% reported having missed a bill payment this year
51% of Canadians reported that they were $200 away or less from not being able to meet all their financial obligations
Latest report raises speculation that the Fed will leave interest rates unchanged at its next meeting
Households to curtail spending amid softer labour markets, easing wage growth
Despite concerns about saving, only 13% of respondents recently consulted an advisor
Fifth straight monthly gain reflects resilient economy despite tough economic environment
Lofty post-pandemic outlays can't last, given higher debt servicing costs
The downturn in spending showed up in the earnings reports of many high-profile retailers