News
🚨 🇺🇸 US Q3 employment costs rise 0.8% in line as wage growth cools, 🇨🇦 Canada GDP stalls with a September dip flagged
🚨 🇺🇸 US Q3 employment costs rise 0.8% in line as wage growth cools, 🇨🇦 Canada GDP stalls with a September dip flagged
- 🇺🇸 The US employment cost index rose 0.8% in Q3, matching the 0.8% forecast and down from 0.9% in Q2 (BLS, )
- Wages and salaries slowed to 0.7% from 0.9%, and benefit costs eased to 0.9% from 1.0%
FO view: Canada's stall adds to the case that the Bank of Canada's hike was a stretch.
Not investment advice.