The ECB is expected to hike rates by a half-point on Thursday
Housing market turmoil, deeper U.S recession pose threats too
A downshift in rate increases is fueling enthusiasm on Wall Street that hikes will soon stop
With a potential pause from rate hikes, attention turns to the labour market
Wage-price spiral risk down, inflation forecast to fall to 2% by 2024
Sooner or later, someone has to blink
For now, the central bank's worries are far removed from fears of deflation
“If things get out of hand” BoC “might have to raise rates again,” says TD’s Orlando
However, interest rates must remain elevated "for some time," Brainard said
Indebted consumers, slower economic growth, potential for recession are key factors in play