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Keyword: Recession

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High valuations, uncertainties loom in second half

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Recession was marked as GDP contracted by 0.3% in final three months of 2023

Rise in jobless rate driven by growing labour force, rather than layoffs

Man searches for job on the internet

Weak market signals disinflation, need for more rate cuts, company report says

Scotia report offers reality check, calls for positive vision

Canadian flag

Unemployment rising, but layoffs aren't, leaving room to cut rates

Respondents expressed concerns about inflation, income levels and a potential recession

Rate cuts remain data dependent as growth cools, recession avoided

Abstract lines

Brighter earnings prospects underpin growing optimism, survey finds

Collage of british pounds

While the British economy grew by 0.6% in the first quarter, it has barely grown over the past year