RBC Financial Markets Monthly

Know when to hold ’em

RBC Financial Markets Monthly banner image

We are pleased to provide the February 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

  • BoC became first major central bank to “conditionally” pause tightening
  • With Canada’s economy losing momentum it is unlikely BoC will restart rate hikes
  • Further hikes from the ECB, BoE and RBA are expected
  • A strong US payroll report has driven policy rate expectations higher
  • Terminal rate expectations will move higher if labour market strength persists over medium term

 

Read more

Sources

RBC Economics, Financial Markets Monthly: Know when to hold 'em, February 2023