We are pleased to provide the August 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
- Slowing inflation rates allow central banks to pause rate hikes
- Policymakers are willing to increase rates again if needed
- A bumpy landing is most likely for Canada and the US
- GDP declines are expected to start in Q3 (Canada) and Q4 (US)
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