Resilience of Canadian Consumers Faces Challenges
The resilience of Canadian consumers has been put to the test as the first half of the year came to a close. This suggests that consumption is no longer driving…
Banks and Financial Institutions See Growth Despite Fed Interest Rate Hikes
Shares of banks and other financial institutions have experienced an increase as traders closely monitor comments from central bankers. Senior officials at the Federal Reserve have expressed hope that the…
Big U.S. Companies Face Challenges in Paying Debt Interest
According to BofA Global, the ability of big U.S. companies to pay interest on their debt may reach its lowest point in two decades if the Federal Reserve decides to…
Treasury Yields Rise After Slowing Inflation
Treasury yields were on the rise on Friday following a day of significant drops as signs of slowing inflation emerged. Yield Movement The yield on the 2-year Treasury TMUBMUSD02Y, 4.636%…
Federal Reserve Rate Hike Sparks Uncertainty
The anticipation of a Federal Reserve rate hike in July is widespread, but what lies ahead remains uncertain. Currently, the probability of another hike in September stands at 25%, marking…
Fed Likely to Announce Rate Hikes in 2023 in a Dovish Statement-Survey
(Bloomberg) More than 50% of economists in a survey predict the Fed will increase interest rates in 2023 despite an uptick in inflation and a rebounding economy. The economists do…