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Two shopaholics carrying paperbags while walking along shop window

Weaker labour market, still-high interest rates and dwindling savings to crimp consumer spending

Washington DC skyline with Monument Capitol and Abraham Lincoln memorial

Justices left in place provision of 2017 tax law expected to generate $340 billion, mainly from foreign subsidiaries of domestic corporations

3679756 - orange stock market world economy abstract background

Policymakers cite need to maintain a level playing field with U.S. banks

Glass globe on newspaper

Global rate cycle has turned, but central banks to stay cautious

The measure, which targets pass-through companies, could raise more than US$50 billion

inflation

Services inflation is running hot, while goods disinflation is set to slow, NBF says

Arrow cube

The longer the Fed keeps borrowing costs high, the more it risks weakening the economy too much

Graphic of U.S. currency

High rates, cautious consumers driving insolvency trends

This picture says the development of economy, successful, and achievement

Rate cuts on tap this year, although size and timing remain data driven

Man searches for job on the internet

Jobless claims for the week ending May 25 rose by 3,000 to 219,000, up from 216,000 the week before