ECB rate hikes to go higher than expected: Fitch
Stronger core inflation expected to drive higher rates in euro area
- By: James Langton
- January 13, 2023 January 13, 2023
- 14:10
A rise in worker absences is contributing to labour costs and inflation, CIBC says
As inflation eases, optimism rises
Provincial regulation increasingly tracks federal rules, but gaps remain
Led by lower energy and food prices, annual inflation down in November
Home prices are expected to reach their bottom sometime in early 2023, after declining 20% from peak to trough
Challenges caused by the Covid-19 pandemic have affected owners’ exit timelines, the CFIB says
The global lender slashed its forecast for global growth this year by nearly half to just 1.7%
Global demand for oil and natural gas will likely elevate prices and benefit Canadian energy companies
Rather, the economy reacts more strongly to negative news
Inflation shifts from goods to services, BMO report explains
Canadian equity issuance dropped sharply in 2022, and debt down too
High quality, longer duration are factors to consider
Inflation, end of Covid-19 support helped drive the increase
Lower energy exports, higher dollar drive swing in trade balance
In this economic cycle, national home prices could fall 25% from their peak, BMO says
Ten of the 42 firms in the survey raised their quarterly dividends amid darkening economic conditions
As capital markets froze, M&A dried up and bank revenues dropped
Stocks may move from jittery to range-bound as investors adjust to higher interest rates
Most of the money CEOs made was not from their salary, but from variable compensation
A jump in layoffs and unemployment claims would be an early sign of recession