As inflation outpaces wages, consumption will be curbed, Scotiabank says
Rising rates will raise debt costs, curb spending, slow housing markets — but strengths persist
Higher prices and the war in Ukraine contributed to a decline in the six-month outlook
The United States annualized GDP growth, at 2.3% in Q3, was better than the original estimate of 2.1%
Spending was more than three times what was planned, an FP Canada survey found
Even before the omicron variant appeared, consumer optimism was being tested by price spikes
The increased spending rate could be well into the double digits relative to last year
The prolonged, profound pandemic experience may have altered consumers for good, researchers suggest
Consumer spending growth slows as incomes drop, BMO reports
Meanwhile, the BoC's latest quarterly report suggests people will spend some of the savings they've amassed