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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Client Letter - September 8th 2023

 September 11, 2023 |Lauren Irwin
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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