The January 2024 edition of Financial Markets Monthly from RBC Economics includes a forward-looking analysis of Canadian, US and international financial market trends:
“We expect rate cuts from the Fed and BoC around mid-year, and the ECB and BoE in 2025."
- The Fed’s willingness to discuss interest rate cuts sent markets rallying at year end
- Elevated interest rates will continue to exert pressure on aggregate demand
- Slower economic growth will be necessary for inflation pressures to fully subside
- Interest rates will take longer to come down than they did to go up
The third-party content used in this document/site is not intended to and does not constitute an endorsement by RBC Investor Services (RBCIS) 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 RBCIS. These materials are provided by RBCIS for general information purposes only. RBCIS 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.