Bi-weekly Client Letter 2023-09-22

 September 22, 2023 |Beth Arseneau
Global equity markets have given back some of their year-to-date gains so far in September while government bond yields have moved noticeably higher in recent weeks. The market action can be attributed to mixed economic signals and messaging from central...
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Signs of reacceleration in Canadian inflation in August

Signs of reacceleration in Canadian inflation in August

 September 20, 2023 |Claire Fan and Abbey Xu
Higher prices at the pump pushed Canadian headline inflation rate up. Food costs are still high but growing at a slower pace. Mortgage interest costs continue to drive a disproportionate share of headline price growth. But the Bank of Canada’s preferred...
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U.S. inflation picked up in August on surging energy prices

U.S. inflation picked up in August on surging energy prices

 September 18, 2023 |Claire Fan and Abbey Xu

RBC Economics provides a monthly analysis of the key indicators on price trends in the United States.

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Bi-weekly Client Letter 2023-09-08

 September 08, 2023 |Beth Arseneau
Recent signs of a cooling Canadian economy led the Bank of Canada to hold interest rates steady this week, as anticipated. Canada's GDP for the second quarter fell short of forecasts, though factors such as the port strike and wildfires were partly to...
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