Rising unemployment for Canada, U.S. gives central banks reason to ease
Fitch sees defaults, arrears rising as growth slows amid tight financial conditions
In June, monthly filings returned to pandemic heights
New U.K. regime will be caught between policy promises and financial markets
Economy performing better than expected, pushing out Fed action
Moderate price growth is forecast, and arrears is expected to rise slightly
Weaker labour market, still-high interest rates and dwindling savings to crimp consumer spending
Range of possible futures depends on immigration levels
Despite initial cut, monetary policy remains restrictive, and economy faces other headwinds
Global rate cycle has turned, but central banks to stay cautious