Turmoil in U.S. banking business shook stablecoin market, Fitch reports
Continuing cost pressures, rate hikes pushing companies toward default
Commodity demand boosted by China, resilient global economy
Financial, regulatory headwinds drive tougher operating climate
Rating agency revises forecast for housing market in Canada, among others
Rising loan losses, growing expenses eating into banks' bottom lines
Rates to stay higher for longer amid inflation, 2024 forecast revised down
Latest increase ensures banks have a cushion to absorb rising credit losses
Remaining excess savings unlikely to be spent, Fitch says
Tighter credit conditions are likely to drive more second-half defaults, report says