Shifts in the composition of debt may slow down the effects of tightening, paper says
But Fed board member says current environment differs from past inflationary periods in four ways
Higher rates weigh on demand, lower lumber prices cut construction costs
All agreed ongoing rate increases “would be appropriate''
Canada among the strongest in the G7 for growth in 2022
Inflation slowed to 5.9%, down from 6.3% in December
Increases in bankruptcy and debt restructurings reflect rising pressures, alongside normalizing numbers, TD reports
Tighter funding conditions are squeezing upstarts, benefiting traditional firms
BoC ready to raise rates further if inflation sticks around
Investment activity expected to remain subdued in 2023, KPMG reports