Price pressures will ease more quickly than many now expect, report says
The decision aims to contain inflation without choking off economic growth, the central bank said
Rising interest rates, inflation and economic headwinds in China will affect global markets, according to Mackenzie Investments outlook
The Federal Reserve hiked its benchmark short-term rate to a range of 1.5% to 1.75%
Headwinds mount, dragging down the outlook for the world's major economies
The figure will heighten pressure on the Federal Reserve to continue raising rates aggressively
Assessing the vulnerabilities from high household debt has become more complex over the past two years
The ECB will raise rates by a quarter-point in July and left open the possibility of a more drastic, half-point hike in September
Central banks must fight risk of inflation expectations driving actual prices
Only 18% of chief U.S. economists say no recession is in the cards