U.K.'s central bank kept its main interest rate at a near 16-year high of 5.25% on Thursday
Economic bounce back at the end of 2023 could push back rate cuts, economists say
Most economists expect the first rate cut to occur in May or June
Average asking rent for December in Canada jumped to a record high of $2,178 per month
The latest data suggests the American economy is achieving a difficult “soft landing”
The bank left its benchmark rate unchanged at a record-high 4%
Growth in average weekly earnings rose in the month
Optimism is growing that the Fed is on track to deliver a rare soft landing
Ailing sector poses a headwind to earnings, threat to credit quality
Red Sea conflict not expected to cause oil price spike amid strong supply, softer demand