Short-term rate, at 3.75% to 4%, at 15-year high
Jerome Powell has expressed hope that inflationary pressure can be relieved by employers cutting job openings, not jobs
Historically, cuts have followed within eight months of a hiking cycle's end, a report says
Forecasters are expecting higher interest rates to trigger a recession
Many businesses struggling to repay debt accumulated during Covid-19, CFIB says
Key rate now 3.75%, up from 0.25% in March
A strong quarter for trading helps offset plunge in investment banking, Moody's says
Economists calling for a 75-basis-point hike next week
Recession fears are top of mind as the Fed continues to hike rates
BoC to hike rate to 4%, 22-23 federal deficit to drop below $26 billion: PBO