Fitch boosts U.S., world forecast for 2024, expects slowing in 2025
Labour demand declined, and job vacancies were flat
Rising unemployment for Canada, U.S. gives central banks reason to ease
Economy performing better than expected, pushing out Fed action
Moderate price growth is forecast, and arrears is expected to rise slightly
Wages still rising despite waning labour demand, StatsCan reports
Global rate cycle has turned, but central banks to stay cautious
Rate cuts remain data dependent as growth cools, recession avoided
Research suggests that further slack is needed to bring inflation back to target
Hard-hit sectors likely to feel the brunt of a decline in cheap labour