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Keyword: Economic forecasts

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Rising unemployment for Canada, U.S. gives central banks reason to ease


Fitch sees defaults, arrears rising as growth slows amid tight financial conditions

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In June, monthly filings returned to pandemic heights

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New U.K. regime will be caught between policy promises and financial markets

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Economy performing better than expected, pushing out Fed action

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Moderate price growth is forecast, and arrears is expected to rise slightly

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Weaker labour market, still-high interest rates and dwindling savings to crimp consumer spending

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Range of possible futures depends on immigration levels

Bank of Canada note

Despite initial cut, monetary policy remains restrictive, and economy faces other headwinds

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Global rate cycle has turned, but central banks to stay cautious