Increases in bankruptcy and debt restructurings reflect rising pressures, alongside normalizing numbers, TD reports
Bank of America, Goldman Sachs predict U.S. will hike rate to 5.25% or 5.5%
TD, CIBC predicting 6.2% and 6.4% respectively for January Canadian inflation
Canadian investors trim foreign holdings for first time since financial crisis
Economic “distortions” result when inflation remains above 2% target
Tighter funding conditions are squeezing upstarts, benefiting traditional firms
BoC ready to raise rates further if inflation sticks around
Compared to a year ago, sales were down 37%
Already up, defaults are expected to reach historic norms in 2023
Huge job gains defy forecasts that higher rates would slow the economy