Figures for November indicated weaker spending on goods despite Black Friday sales
Mortgage growth slowed but household credit card use is surging
TD expects the debt service ratio to hit a record high of 16.1% by the first quarter of 2024
The total remained elevated compared with before the pandemic
Foreign investors added corporate debt, while selling provincials, equities
Central bank will either “break inflation” or “break the economy''
Many Americans are digging into their savings to maintain the same level of spending
``We have a long way to go to get to price stability," Powell said
At 10.7%, British inflation higher than 7.1% in U.S.
Wall Street welcomed the better-than-expected data as support for the Fed to slow rate hikes