Economy

More rate hikes looming, even as energy, supply issues ease

Inflation shifts from goods to services, BMO report explains

By James Langton |January 6, 2023

2 min read

Cooler hiring and milder pay gains could aid inflation fight

U.S. unemployment at 53-year low of 3.5%, wage growth at 4.6% in December

By Christopher Rugaber, The Associated Press |January 6, 2023

6 min read

Europe’s inflation slows again but cost of living still high

December rate of 9.2% down from 10.6% in October but energy prices up 25.7%

By Kelvin Chan, The Associated Press |January 6, 2023

3 min read

Labour market posts one last surprise for 2022, adds 104,000 jobs in December

Wages up 5.1%, unemployment rate at 5.0%

By Nojoud Al Mallees, The Canadian Press |January 6, 2023

3 min read