The range of risk scenarios is expanding with growing threats to the economic outlook, Fitch says
Inflation and the war in Ukraine may curb consumer spending this year
Canada reached record levels in the first quarter
Domestic investors dumped offshore securities while foreign investors added Canadian corporate debt
Buyers may have pushed forward purchases ahead of higher rates
BMO expects a Fed rate hike of 50 bps in May as inflation cuts spending power
Financial markets now foresee much steeper rate hikes than Fed officials signaled as recently as last month
Leading indicators point to declining momentum for EU, while Canada, U.S. stable
Prices continued higher in February for G20 and OECD
Unemployment dropped to its lowest rate since the pandemic erupted