American credit will experience drag as inflation forces a monetary response. The US Federal Reserve announced it will double the rate it tapers its bond-buying next month. RBC economist Josh Nye has forecast the program will now end as early as March at this pace. This would be months ahead of schedule, with RBC seeing […]

The US is signaling the end of easy money might be near. The Federal Open Market Committee (the Fed) announced a taper to quantitative ease (QE). The central bank plans to reduce asset purchases this month and the program could wind up by next summer. This will translate into more expensive credit and may pump […]