Longer-term challenge of aging population gets tougher as policy shifts
With inflation dropping quickly and growth weak, monetary easing set to accelerate
Payrolls rebound, and vacancies drop
Household savings down 61% from peak in 2021, savings ratios approaching record lows
Job vacancies decline, driving up the ratio of unemployed workers to openings
Consumer spending stays weak, despite rising incomes
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