The recent rebound in inflation expectations is significant not only because it provides another reason to expect core inflation to trend higher this year, but also because it further weakens the case...

Households’ balance sheets are still in good shape, with debt burdens stabilising well below their pre-crisis levels and delinquencies low. However, the further rise in newly delinquent credit card...

Higher market interest rates will undoubtedly act as a drag on household spending and business investment, offsetting some of the temporary boost from fiscal stimulus. We expect that will eventually...

The job opening and labour turnover report and NFIB survey released this week suggest that labour market conditions continue to tighten and point to wage pressures rising further this year. We still...