Rising defaults a symptom, not the cause, of macro stress, Moody's finds
Core inflation remained persistent, even as energy inflation stayed negative
Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say
The average Toronto home price dropped 1% from the same time last year
High interest rates, heightened macro uncertainty weigh on deal flow
Asian countries are expected to drive global growth again in 2024 and 2025
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%