RBC Financial Markets Monthly

Waiting is the hardest part

We are pleased to provide the April 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

  • Banking sector turmoil caused significant bond market volatility
  • Fed, ECB and BoE continued to hike interest rates last month
  • Job growth remains firm but economic resilience may be starting to fade
  • Tighter lending conditions could add to headwinds from higher rates
  • BoC remained on the sidelines and should soon be joined by other central banks

 

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