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”
Growth in average weekly earnings rose in the month
Optimism is growing that the Fed is on track to deliver a rare soft landing
Red Sea conflict not expected to cause oil price spike amid strong supply, softer demand
The central bank is still open to more rate hikes if inflation doesn’t co-operate