American consumer spending substantially weaker than earlier thought
Index declined for second month in a row
Payroll stats returned to or exceeded level of February 2020
Annual Fed stress test projects over US$600 billion in bank losses
Dual effects of high inflation, rising rates starting to bite
Young, poorly educated workers still find it tough to get jobs
Financial institutions well positioned to weather declining credit quality, Fitch says
Home prices expected to eventually drop, with overheated Ontario and B.C. markets falling most
It’s ‘absolutely essential’ to ‘restore price stability,’ Fed chair tells lawmakers
Job vacancies hit record highs, as unemployment reached historic lows