Already up, defaults are expected to reach historic norms in 2023
Huge job gains defy forecasts that higher rates would slow the economy
Both jobless rate and unemployed worker ranks at record lows in December
Annual wage growth drops to 4.5%, below inflation rate of 6.3%
Britain dodged two consecutive shrinking quarters, GDP grew 0.4% in 2022
Rebound from zero-Covid policy has been faster than expected, improving GDP prospects
Prospective employees "will have more muscle," RBC Economics predicts
First rise for real incomes since Q1 2021, but results vary across countries
StatsCan research details the disparate impact of rising prices
Unanimous agreement that central bank's action to date had been forceful