Rising global interest rates pose a threat to the U.S. financial system, the Fed said in a recent report
The bank is projecting economic growth of 7.25% for the U.K. in 2021
The quickening pace of growth has raised fears among some analysts that inflation could rise uncomfortably fast
National Bank economists say rising rates won’t undermine household spending
The prescribed rate on loans to family members remains set at 1%
Wealth management and capital markets to provide some offset to tight NIMs
David McKay predicts central banks will hike rates sometime next year
Central banks are expected to raise economic outlooks but stay patient on rates
As soon as next week, the central bank could start signalling a shift, according to Scotia Economics
Financial markets rebounded following the central banker’s comments