Wage growth is still too hot, but will moderate as employment slows
Strong hiring, wage growth could delay interest rate cuts
U.S. worker paycheque growth slowed late last year
The eurozone grew 0.5% for the full year, while the U.S. grew 2.5%
Anxiety over the possibility of an economic recession continued to fade
The job market is cooling in a mostly painless way — through fewer openings
Compares to a $3.6B deficit over the same period in 2022-23
Average asking rent for December in Canada jumped to a record high of $2,178 per month
What’s at stake: stable financial markets and a major driver of global economic growth
The latest data suggests the American economy is achieving a difficult “soft landing”