Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Fitch has a neutral outlook for global banks, amid resilient economy
Growth will be challenged by a record drop in students, temporary workers
Central bank governor also touches on role in regulating stablecoins
Widespread downgrades not forecast, as companies have buffers
Unemployment rate rises to 4.6%, the highest level since 2021
U.S. markets focused on AI stocks, plus this week's jobs and inflation data
Grocery store prices jumped 4.7% year-over-year as travel, gas costs eased
Despite uncertainty, modest growth, declining rates to support credit: Fitch
The S&P/TSX composite index was up 246.48 points