Higher net interest income may be the only bright spot for Canadian banks in 2023
Fitch cuts world forecasts, boosts Canada's 2022 growth
Central bank may be encouraged by recent inflation cooling: TD economist
Margin expansion, strong balance sheets to offset rising loan losses
The BIS reported that derivatives market values and credit exposures are up sharply this year
The central bank lost $522 million in the third quarter
Growing services deficit and investment income turned the balance negative
Most firms to resist raising prices despite inflation and input cost challenges
Stubbornly high inflation limits the options
James Bullard is a voting member of the Federal Reserve's rate-setting committee