• 09/21/2024

Canada Wage Growth Needs to Cool to Bring Inflation Down

Wall Street Journal

Wage growth may be the last leg for Canadian inflation, with a need for it to slow rapidly from its current pace to bring inflation down, Scotiabank director of forecasting Patrick Perrier and economist Laura Gu write in a note.

https://www.wsj.com/articles/canada-wage-growth-needs-to-cool-to-bring-inflation-down-be4cd85a