Economic “distortions” result when inflation remains above 2% target
Tighter funding conditions are squeezing upstarts, benefiting traditional firms
BoC ready to raise rates further if inflation sticks around
Wage demands could moderate with economy in “middling phase”
Investment activity expected to remain subdued in 2023, KPMG reports
Already up, defaults are expected to reach historic norms in 2023
Kazuo Ueda has the difficult task of steering the world's third-largest economy out of a time of ultra-easy credit
A pre-budget submission says government needs to follow through on its reform pledge
It was the seventh straight year-over-year slowdown but inflation remains far above the Fed's 2% target
Steadier natural gas prices contributed to the improved outlook