Rates staying higher will continue to drive credit outlook, Moody's says
Withdrawal of Covid-19 support, higher interest rates and softening consumer spending are challenges
Labour market is softening in the face of higher interest rates
A modest 150,000 U.S. jobs were created in the month amid higher borrowing rates
Still, the average home price rose 3.5% year over year
Leaves the door open to further rate hikes if inflation pressures should accelerate in the months ahead
Economists estimate that sharp losses in the stock and bond markets will have a depressive effect on the economy
StatsCan's preliminary estimate for Q3 suggested the economy shrank at an annualized rate of 0.1%
Leonie MacCann of Irish Life Investment Managers says we’re moving into a more volatile market environment, with greater potential for dislocation and dispersion
Leonie MacCann of Irish Life Investment Managers says we’re moving into a more volatile market environment, with greater potential for dislocation and dispersion