Lower-income groups are bearing the brunt of inflation, tepid job market
For now, the U.S. job market appears stuck in a “low-hire, low-fire” state
Concerns about high costs, slowing job market, are growing
Rise could push Q3 growth to 3%, but job market remains sluggish
Economists cautious on equities, despite higher GDP expectations
Unemployment rate rose to 4.4% as more people entered the labour market
The gap between what the U.S. buys from other countries, what it sells them fell to $59.6B
Flat global GDP growth underpins sovereign outlook, but risks abound
The jobs numbers have lately been contentious
Stable economic growth seen boosting bank profits, asset quality