High unemployment and labour shortages help explain why the government wants to target aid
Efforts to contain inflation will constitute the stiffest test
A CIBC report looks at labour trends and central bank policy
The inflation spike is affecting consumers, the Biden administration and central banks
No tax cuts were in the fall economic statement
Almost two-thirds of low-income households said they've experienced significant financial hardship
The amount is $114 billion less than the same period last year, when pandemic spending was high
President Joe Biden outlined Thursday a US$1.75-trillion framework
The U.S. economy slowed sharply to a 2% annual growth rate in the July-September period
Meanwhile, central banks in other parts of the world look to dial back support