Inflation shifts from goods to services, BMO report explains
Canadian equity issuance dropped sharply in 2022, and debt down too
Lower energy exports, higher dollar drive swing in trade balance
As capital markets froze, M&A dried up and bank revenues dropped
Growing services deficit and investment income turned the balance negative
Sellers can hold out for better market conditions: BMO
Equity market activity and corporate debt issuance tumble in first nine months of 2022
Declines in underwriting, M&A drive 32% drop in fees, Refinitiv reports
Bank hikes Fed forecast 75 bps, adds 25 bps to BoC call
Fed should be able to stick with 75 bps hike next week, BMO says