Amid growing challenges, Canadian banks still well positioned to absorb headwinds
Wage-price spiral risk down, inflation forecast to fall to 2% by 2024
Sooner or later, someone has to blink
The U.S. dollar is expected to soften as rates peak, giving way to other drivers
For now, the central bank's worries are far removed from fears of deflation
“If things get out of hand” BoC “might have to raise rates again,” says TD’s Orlando
However, interest rates must remain elevated "for some time," Brainard said
Indebted consumers, slower economic growth, potential for recession are key factors in play
Mester's comments are notable because she is among the more consistently hawkish members
The annual inflation rate slowed last month to 6.3%