Fitch Ratings sees savings glut supporting consumption amid rising prices
Higher interest rates generally good for financials, but there are risks, DBRS says
Petroleum demand has outstripped supply since early 2021
The pandemic has made it harder to assess the job market and inflationary pressures
The inflation rate was the largest since 1990
However, retirees have seen their retirement plans disrupted by the pandemic
Inflation is pressuring monetary authorities to hike rates sooner than they'd like
Soaring energy prices driving the gain in headline inflation readings
High debt levels mean rate hikes will take a bite out of budgets
Recent price surges should ease as temporary drivers normalize