Growth opportunities narrow

RBC Quarterly Macroeconomic Outlook

RBC Economics presents an in-depth analysis of the key drivers of economic activity in Canada and the US, including global factors that will affect near-term forecasts.

Key highlights

  • Inflation is too strong for central banks to ignore
  • China’s lockdowns keep pressure on global supply chains
  • Labour shortages continue to be acute
  • Recession risks have grown


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For more information, please contact your RBC Investor & Treasury Services representative.


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RBC Economics (June 2022) Macroeconomic Outlook - June 2022