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Frankfurt, Germany - November 09, 2020: European Central Bank ECB, EZB headquarters at Eastend Frankfurt, Germany. The European Central Bank (ECB) is the central bank of the Eurozone. Close-up of the logo in front of the building.

Expectations for economic and income growth were lower in an ECB survey

Canadian economy added a modest 25,000 jobs in the month

Male worker standing with a trolley with boxes in warehouse. Warehouse worker in uniform with a cart in aisle of storage racks.

Job vacancies continue their steady decline

Canadian flag

Rating agency expects 100 basis points of rate cuts next year

Consumer concerns

Inflation-adjusted credit declined for first time since 1990s recession, according to National Bank Financial

Stick figures

Recent labour activity to work against falling inflation, TD report says

People icon

Jobless claims -- seen as a proxy for layoffs -- dropped by 24,000 to 209,000

a man on a precipice

Rate cuts to start materializing by mid-year

Image of unemployed workers

More recent data in Canada, U.S. points to rising joblessness

people working together

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