Pullback in energy underpins softening price pressures
Getting inflation back to 2% “has a long way to go,” Fed chair tells senators while analysts raise spectre of a half-point hike
But “renewed price growth” forecast in 2023
CIBC and RBC economists analyze impact of recent rate hikes
Rate hikes make it harder to pay off debt
Conference Board expects oil-producing provinces to post strongest growth
Spaces that help attract workers back to the office will be a priority in 2023
The tech sector is driving the increase
Deal-makers have yet to fully adjust to prevailing economic conditions
The Statscan report showed a grimmer economy than forecasters expected as higher rates took a toll