We are pleased to provide the December 2022 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
- Headline inflation has peaked thanks to falling energy prices
- BoC likely to be the first to move to the sidelines—in January
- Other central banks won’t keep hiking beyond Q1 2023
- Monetary policy will remain restrictive throughout 2023…
- …as sticky core inflation delays response to recession
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