Negative shocks to drive rates higher and weigh on economic growth
Multiple half-point interest rate hikes “could be appropriate” in 2022, say some United States Federal Reserve policymakers
Two-thirds of CPI components now have inflation of more than 3%, BoC’s deputy governor warns
Inflation, rising interest rates and market volatility have significant impacts for Canadians
Chair Powell said the economy remains sturdy enough to carry out a series of rate hikes without causing a downturn
Both household assets and debts are well above pre-pandemic levels, RBC reports
Despite inflation, the prescribed rate on loans to family members remains set at 1%
Many economists worry that with the price of gas spiking, the additional burden of higher interest rates could choke off growth
Credit card performance improves for third straight quarter in Q4
The U.S. central bank chair expects “it will be appropriate” to raise interest rates at its March 15-16 meeting