The central bank is 'prepared to act more forcefully if needed'
Past tightening cycles provide clues for what's ahead
Rising rates will raise debt costs, curb spending, slow housing markets — but strengths persist
Australia is most exposed to higher rates, a Fitch report said, while Canada ranked fourth
The strength of the U.S. economy provides some optimism, PM says
Some advisors are looking at GICs, short-term bonds, alternatives and mortgage products for clients
The central bank also announced that it will start reducing its $9-trillion balance sheet
Plan sponsors must tread carefully ahead, RBC Investor & Treasury Services says
Higher rates should cool inflation, but low-income households face pain
Now is the time to lock in 1% prescribed rate on family loans, achieve income splitting opportunity