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Tag Archives: RBC

U.S. CPI continues to grow in February

(March 13, 2018) -- Stated Nathan Janzen, senior economist, RBC: "This is fully consistent with the view that — barring some unexpected shock — interest rates will continue to grind gradually higher towards long-run ‘neutral’ rates." Read More »

Canadian retail sales rise in June

(July 21, 2017) -- The 0.6 percent increase was boosted by a stronger-than-expected 2.4 percent surge in motor vehicles sales that more than offset gasoline station receipts dropping a smaller than expected 0.6 percent. Read More »

Bank of Canada sets optimistic tone for economy

(June 30, 2017) -- "Expected future sales growth and hiring intentions both rose with the latter easily hitting a record high," said Janzen. "Investment intentions dipped but from a very high Q1 reading that matched the second-highest on record. Read More »

Canadian household debt at record high, inflation stalls

(June 14, 2017) -- Household net worth in Canada climbed to a record high of $10.5 trillion in the first quarter of 2017. However, the all items U.S. Consumer Price Index unexpectedly fell 0.1 percent in May to bring the year-over-year rate down to 1.9 percent from 2.2 percent in April. Read More »