Debt, savings worries up as higher interest rates and costs take a toll: surveys
The Bank of Canada has identified household debt as a key risk
- By: The Canadian Press
- July 10, 2023 July 10, 2023
- 12:19
The Bank of Canada has identified household debt as a key risk
The increase came as the economy added 60,000 jobs in June, driven by gains in full-time work
The latest evidence of economic strength makes it all but certain that the Fed will resume rate hikes
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The decrease in confidence follows a seven-month upswing, the CFIB said
Here's a look at the arguments for the upside and downside
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Consumers continue to spend despite rising borrowing costs