Some borrowers are extending their amortization periods to lower their monthly payments
Employers have added just 28,000 jobs a month since March
The central bank last cut its key rate in December
The bank's benchmark deposit rate has stood at 2% since June
Unemployment may have peaked, but excess supply to curb wage growth
The auto sector faces uncertainty ahead of the CUSMA review later this year
Lower-income households have lost ground since 2023
ECB survey finds funding scarcer, firms' profits under pressure
Feds' investment promises potential long-term payoff, no quick hit
Drop in goods-producing industries was offset by growth in services