Leverage and liquidity risks lurk alongside rising financial stresses
Food and energy prices eased, but core inflation remained stubbornly high
Kathrin Forrest of Capital Group says investors face an economic environment with a broad range of potential outcomes
Economists see Bank of Canada holding on rates after surprise GDP contraction
The U.S. Labor Department also finds that wage gains are easing, a trend that may signal cooling inflation pressures
Foreign investors acquired $54.7 billion in Canadian bonds in the second quarter
Lofty post-pandemic outlays can't last, given higher debt servicing costs
Consumer spending showed a decent gain but was down from Q1
The Federal Reserve will likely welcome Tuesday's data
The downturn in spending showed up in the earnings reports of many high-profile retailers