Macro Memo September 23 - October 13, 2025

September 25, 2025 | Brian Moore


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Produced by RBC Global Asset Management’s Chief Economist Eric Lascelles.

MacroMemo Sept. 23 - Oct. 13, 2025

What's in this article: Rate cutting resumes in North America / Rising government shutdown risk / Tariffs and inflation / U.S. payroll revisions mix good with bad / AI nibbles at employment / Undocumented immigrants avoiding workplaces? / What U.S. risk premium? / The end of quarterly corporate reporting? / Canadian infrastructure push

 

Click here for the full report; RBC GAM MacroMemo.