HELOCs, credit card balances grow faster than mortgage debt, StatsCan reports
Global rate cycle has turned, but central banks to stay cautious
Trend could reverse given lower interest rates
Services inflation is running hot, while goods disinflation is set to slow, NBF says
Rate cuts remain data dependent as growth cools, recession avoided
Macro and sector-specific factors favour a rebound in North American deals
Research suggests that further slack is needed to bring inflation back to target
The central bank is working to rebuild trust with the public and be transparent in how it works
Officials say there's been “modest further progress” toward the 2% inflation target
Bets are now leaning toward a first cut in September in the U.S.