Strong U.S. jobs numbers could spur more Fed hikes
Index declined for second month in a row
The Canadian banking industry's push south comes after U.S. President Joe Biden issued a broad executive order calling for increased competition
At a hearing, the U.S. Treasury Secretary was pressed on the causes of inflation
The lowest monthly gain in a year was likely enough to keep the Fed on track to pursue aggressive policy
Purchasing intentions for big-ticket items cooled slightly
As the Fed's rate hikes take effect, they will make it increasingly expensive to spend and hire
Most economists expect a rebound this quarter as solid hiring and wage gains sustain growth
Inflation and the war in Ukraine may curb consumer spending this year
Financial markets now foresee much steeper rate hikes than Fed officials signaled as recently as last month
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