Rising labour costs could mean a harder economic hit to curb inflation, Scotia report says
Core inflation is now higher than the headline rate
Average hourly wages rose faster than expected and will likely worry the Fed
Wage growth rebounded in July, rising 5% year over year
Core inflation calls revised higher, amid growth, wage pressures
All eyes will be on the labour force survey at the end of this week
Growth in labour demand, average hourly wages offered slowing
Higher inflation and debt payments are exceeding income growth
Canada’s April inflation figure anticipated to be well below the 5.2% wage growth
Committee needs data confirmation before rate cycle shifts