Companies paying down debt also reduce their deposits and outstanding loans, according to CIBC
The hike — the 12th in a row — puts more pressure on borrowers
Crypto is too volatile to replace the basic function of money, according to a report
The quarter-point increase comes a day after the Federal Reserve's identical move
Declining bank liquidity to translate into tougher credit conditions, Fitch says
The European Central Bank said it's monitoring current market tensions closely
Foreign investor interest in domestic bonds comes as the Bank of Canada is shedding its bond holdings
Shifts in the composition of debt may slow down the effects of tightening, paper says
Central banks' pivot could test markets' resilience
Central bank proposal would disintermediate banks and curb deposit funding