Shrinking runway for a soft landing

RBC Financial Markets Monthly

We are pleased to provide access to the July 2022 edition of Financial Markets Monthly from RBC Economics. This publication provides a forward-looking analysis of Canadian, US and international financial market trends.

Key highlights

  • Inflation continues to force aggressive central bank action
  • BoC and Fed likely to adopt “restrictive” monetary policy
  • Base case assumes mild recessions in most economies
  • Unemployment rate is expected to rise in 2023

 

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Sources

RBC Economics (July 2022) Financial Markets Monthly