Financial strains continue amid high rates, but recession risk receding
Robust consumer spending is fuelled by credit growth, report says
With inflation down a lot, economists foresee the BoC cutting rates four to six times
Desjardins and CIBC examine both near- and long-term challenges
Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say
Asian countries are expected to drive global growth again in 2024 and 2025
The agency upgraded its growth forecast and now expects lower inflation
Commodity producers to hold up better than interest-sensitive regions
Lagging effect of higher rates likely to bite this year, report says
However, the rating agency expects a slower pace for those cuts than financial markets are predicting