Bank of Canada follows up with a second rate cut of 2024

Bank of Canada follows up with a second rate cut of 2024

July 24, 2024 |Claire Fan

After a first interest rate cut in June, the Bank of Canada (BoC) again lowered its key overnight rate by 25 basis points at its meeting Wednesday, to 4.5%. The move was in line with market and our own expectations ahead of the announcement.

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RBC Canadian Inflation Watch

Slowing inflation in June sets the table for a July rate cut from Bank of Canada

July 16, 2024 |Claire Fan and Abbey Xu

The latest Business Outlook Survey largely confirmed further normalizing in a few key areas that the central bank has deemed critical to future inflation trends.

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Proof Point: A weaker Canadian dollar won’t necessarily derail BoC interest rate cuts

Proof Point: A weaker Canadian dollar won’t necessarily derail BoC interest rate cuts

May 01, 2024 |Nathan Janzen and Claire Fan
Proof point: The timing and magnitude of interest rate cuts from the Bank of Canada will be determined by domestic economic and inflation conditions and not the gap in monetary policy with the U.S. Federal Reserve or the value of the Canadian dollar....
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Black Friday spending surprised to the upside despite a softening macro backdrop

Black Friday spending surprised to the upside despite a softening macro backdrop

December 11, 2023 |Carrie Freestone
Retail sales ticked up in November in the midst of the holiday shopping period. Even after adjusting for inflation, real retail sales (excluding autos) were tracking an increase relative to October. Clothing stores and gasoline were responsible for the...
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How women are giving back to support small business

March 08, 2023 |RBC Wealth Management

We encourage women to embrace investing and philanthropy and to seek advice to ensure it aligns with their values and passions.

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Canadian inflation elevated but may be close to peak

May 18, 2022 |Claire Fan

We expect higher interest rates, both in Canada and abroad, will ultimately begin to cool demand and price pressures as the year progresses.

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The future of proxy voting and oil

February 08, 2022 |Stephen Metcalf

Investors are likely to see many changes both in companies and the ESG investing world thanks to proxy voting.

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Cross-border wealth planning: How to manage your family’s global interests

December 03, 2021 |RBC Wealth Management

People's lifestyles and perspectives are becoming more global. Here are some things to consider when your wealth heads overseas.

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How the family office is redefining itself in the age of uncertainty

November 26, 2021 |RBC Wealth Management

Agile, growth-focused moves by family offices in the last two years have helped the ultra-high net worth grow their wealth and expand their legacy.

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market chart and mountains moving.

The long and winding road to recovery

September 13, 2021 |Craig Wright, Dawn Desjardins and Nathan Janzen

The spread of the Delta variant of COVID-19 and slow vaccination rates in many emerging market economies created another detour in the road to recovery for the global economy.

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