Increases in bankruptcy and debt restructurings reflect rising pressures, alongside normalizing numbers, TD reports
Bank of America, Goldman Sachs predict U.S. will hike rate to 5.25% or 5.5%
Mortgage debt growth slowed in 2022, credit card debt accelerated
TD, CIBC predicting 6.2% and 6.4% respectively for January Canadian inflation
Economic “distortions” result when inflation remains above 2% target
Tighter funding conditions are squeezing upstarts, benefiting traditional firms
BoC ready to raise rates further if inflation sticks around
Wage demands could moderate with economy in “middling phase”
January's solid spending will likely raise pressure on the Federal Reserve to hike rates further
Compared to a year ago, sales were down 37%