Rising defaults a symptom, not the cause, of macro stress, Moody's finds
Central bank acknowledges rate-hiking cycle is likely over, but hasn't ruled out raising rates further amid inflation pressures
Desjardins and CIBC examine both near- and long-term challenges
Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say
The bank is calling for stronger growth in Canada and the U.S. this year
High interest rates, heightened macro uncertainty weigh on deal flow
Defaults expected to rise in early 2024 before easing in second half
U.K.'s central bank kept its main interest rate at a near 16-year high of 5.25% on Thursday
Bank of Canada governor addressed MPs on the finance committee on Thursday
Most economists expect the first rate cut to occur in May or June