Barr anticipates higher capital, liquidity standards needed for American banks with more than $100B
Official nonetheless pledged that the Federal Reserve and other agencies would take whatever steps deemed necessary to protect the banking system
Most economists think the Fed will raise rates by a quarter-point on Wednesday
Strategists take a defensive portfolio stance
In a speech, the Bank of Canada's senior deputy governor touted the advantage of independent monetary policy
A run of strong U.S. economic data could lead to greater-than-forecasted hikes
All agreed ongoing rate increases “would be appropriate''
Bank of America, Goldman Sachs predict U.S. will hike rate to 5.25% or 5.5%
Wage demands could moderate with economy in “middling phase”
Prices up 5% year over year, consumer spending down 0.2% from November