Blog

Hear directly from RBC Global Asset Management Chief Economist, Eric Lascelles in his monthly and quarterly updates.

Inflation / Supply chains / Real-time data / Confidence to activity / Recession / Wealth effects

In this week’s 10-Minute Take on Disruptors, we dive into how global chip shortages, rising fuel costs and the summer travel season have upended the market.

This recession will be moderate and short-lived by historical standards—and can be reversed once inflation settles enough for central banks to lower rates.