The central bank is still open to more rate hikes if inflation doesn’t co-operate
A measure of consumer sentiment has jumped by the most since 1991
Commodity producers to hold up better than interest-sensitive regions
Tangible assets provide a hedge against diminishing purchasing power, says Lisa Conroy of Connor, Clark & Lunn Investment Management
Declining net interest income and rising credit stress to weigh on results in 2024
Lagging effect of higher rates likely to bite this year, report says
The bank will also publish its quarterly monetary policy report on Wednesday, with new forecasts for the economy and inflation
Employment readings largely stable to close 2023
Inflation was 4% in December, up from 3.9% the month before, the first increase in 10 months
The report suggested that shoppers will be able to keep fuelling economic growth this year