Higher yields in traditional fixed income may put pressure on industry
The monthly increase in consumer prices is the smallest since November 2021
A smaller December hike shouldn't be taken as a sign the Fed will let up on its inflation fight anytime soon
CPI in the 19 countries hit 10% in November, down from 10.6% in October for the first decrease since June 2021
The BIS reported that derivatives market values and credit exposures are up sharply this year
Inflation hit 10.6% in October
The government set aside $2.8 billion over three years to cover inflation-fighting programs and payouts
Both asset values and client flows could be challenged in year ahead
Most firms to resist raising prices despite inflation and input cost challenges
Former governor said it's "impossible to say" if the Bank of Canada is overshooting with its rate hikes