Labour markets in Canada and the U.S. continued on a hot streak in October, according to the latest job reports. Generally, that’s good news for the economy. But for central banks’ fight to end inflation, it may be another sign there’s still more work to do. This episode, Chief Economist Eric Lascelles discusses these conflicting economic indicators, and the path of interest rate hikes from here. (Recorded: November 4, 2022)
To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/mixed-reactions-to-a-resilient-labour-market/detail.
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