We are pleased to provide the January 2023 edition of Financial Markets Monthly from RBC Economics. This publication includes a forward-looking analysis of Canadian, US and international financial market trends.
Key highlights
- Fed and ECB attempt to guide higher terminal rate expectations
- Strong jobs data will delay BoC’s interest rate pause…
- …and a 25 bp rate hike is now expected in January
- 2023 should be a better year for bond markets
- Labour markets will soften as economies slip into recession
The third party content used in this document/site is not intended to and does not constitute an endorsement by RBC Investor & Treasury Services (RBC I&TS) of the author or the third-party materials. The content and views within the third-party material are solely those of the third party and do not reflect the opinions of RBC I&TS. These materials are provided by RBC I&TS for general information purposes only. RBC I&TS makes no representation or warranties and accepts no responsibility or liability of any kind for their accuracy, reliability or completeness or for any action taken, or results obtained, from the use of the materials. Readers should be aware that the content of these materials should not be regarded as legal, accounting, investment, financial, or other professional advice, nor is it intended for such use.