Help clients ride out the storm with well-structured portfolios
Strategists take a defensive portfolio stance
In a speech, the Bank of Canada's senior deputy governor touted the advantage of independent monetary policy
The economy has generally moved in the right direction for the bank as it aims to slow activity
Projection for economic growth downgraded to 1% for 2023
TD, CIBC predicting 6.2% and 6.4% respectively for January Canadian inflation
Economic “distortions” result when inflation remains above 2% target
BoC ready to raise rates further if inflation sticks around
Unanimous agreement that central bank's action to date had been forceful
Wage-price spiral risk down, inflation forecast to fall to 2% by 2024