Is There Recession In Canada 2024

Is There Recession In Canada 2024. The labour market remains solid. And global economies have beaten expectations, canada’s economy has struggled to grow, and it appears that it will continue to do so through much of 2024.

Inconsistencies and concerns around rate cuts should be dealt with through policy adjustment, and that too at the earliest, so that the united states does not very easily slide into recession.however, jpmorgan analysts are of the opinion that the fed does not want to see labor conditions ease further, in this current scenario. But unemployment is rising, consumer spending is expected to slow further and the bank of canada has a laundry list of things it’s worried about.