On Tuesday, the central bank chair said the Fed is 'well positioned' to deal with risks, uncertainties
Demand for advice, strong markets to drive growth in client assets
Economic fallout would weigh on banks' credit quality, driving loan losses
James Black of Beutel Goodman Investment Counsel says the Canadian financial sector is cautiously optimistic about 2025
Solid results in 2024 expected to improve further, despite downside risks
Growing credit to non-banks in advanced economies drove rise
Exercise will examine turmoil driven by geopolitics, trade uncertainty
The central bank cited higher wages, inflation in its decision
While financial pressures have moderated, economic threats abound
Declining liquidity contributed to tighter credit terms, survey finds