March 2022 market update: Rate increases begin – will Canadians cut spending?
The global economy was under pressure during the month of March amid the Russia-Ukraine conflict,supply chain disruptions and still-surging inflationary pressures. Global consumers were hindered byelevated consumer prices and economic risk. Oil prices rose over the month to reach, at one point, overUS$123/barrel, their highest level since 2008. Meanwhile, investors [...]