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
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