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
Both jobless rate and unemployed worker ranks at record lows in December
It was the seventh straight year-over-year slowdown but inflation remains far above the Fed's 2% target