Declining net interest income and rising credit stress to weigh on results in 2024
Lagging effect of higher rates likely to bite this year, report says
The bank will also publish its quarterly monetary policy report on Wednesday, with new forecasts for the economy and inflation
Sluggish economic growth and the impact of higher interest rates on economic activity have sparked bets on rate cuts
The report suggested that shoppers will be able to keep fuelling economic growth this year
Strategist sees a rotation back into defensive stocks and cyclical sectors
Mark Hamlin of Mackenzie Investments says in the current market Canada offers some unique fixed-income opportunities.
Mark Hamlin of Mackenzie Investments says in the current market Canada offers some unique fixed-income opportunities.
The Bank of Canada is expected to hold its key interest rate at 5% next week
Member of the Fed's board of governors noted that inflation is slowing even as growth and hiring remain solid