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Rising global interest rates pose a threat to the U.S. financial system, the Fed said in a recent report

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The bank is projecting economic growth of 7.25% for the U.K. in 2021

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The quickening pace of growth has raised fears among some analysts that inflation could rise uncomfortably fast

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National Bank economists say rising rates won’t undermine household spending

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The prescribed rate on loans to family members remains set at 1%

  • By: Staff
  • March 19, 2021 March 19, 2021
  • 12:39
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Wealth management and capital markets to provide some offset to tight NIMs

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David McKay predicts central banks will hike rates sometime next year

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Central banks are expected to raise economic outlooks but stay patient on rates

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As soon as next week, the central bank could start signalling a shift, according to Scotia Economics

Federal Reserve building in Washington DC, USA

Financial markets rebounded following the central banker’s comments