Wednesday, September 20, 2017
Breaking News
Home » Tag Archives: RBC (page 3)

Tag Archives: RBC

Fed’s eye faster interest rate hikes in 2018

(March 17, 2017) -- "Confidence was evident in the median growth forecast at 2.1 percent in both 2017 and 2018 -- solidly above the 1.8 percent longer run estimate -- even with policymakers anticipating another two rate hikes to be delivered this year and three next year," said Desjardins. Read More »

Inflation up, retail sales steady in February

(March 15, 2017) -- Energy prices again pushed U.S. inflation higher in February as the all items index edged up just 0.1 percent, the smallest increase since July. February retail sales rose an expected 0.1 percent following a much stronger and upwardly revised 0.6 percent gain in January. Read More »

Canada’s jobs market keeps rolling

(March 10, 2017) -- Today’s labor market report went some distance to allay concerns about the mix of part-time and full-time job creation with 105,000 full-time positions created and 89,000 part-time jobs lost, said Desjardins. Read More »

Canadian GDP rises 2.6% in fourth quarter

(March 2, 2017) -- Activity in the fourth quarter received a significant boost from consumer spending rising 2.6 percent with a solid increase in the durables component reflecting auto sales being at record highs, said Ferley. Read More »

Bank of Canada remains wary of economy

(March 1, 2017) -- "The committee reiterated that there is slack in the domestic labor market pointing to the slow pace of wage gains and hours worked as evidence. The bank also remains concerned about exports which they say continue to face competitiveness challenges," said Desjardins. Read More »

Canadian inflation jumps to 2.1% in January

(Feb. 27, 2017) -- "Inflation is on track to exceed the bank’s 1.8 percent projection for the first quarter, but their new core measures, which remain slightly below 2 percent on average, are consistent with their assessment that the economy is running below potential," Nye explained. Read More »

Fed provides few clues to timing of next rate hike

(Feb. 23, 2017) -- "A run of positive economic data and a slightly hawkish tone from Chair Janet Yellen last week raised the odds of a rate hike at the upcoming meeting, although markets continue to see that as less than a 50/50 prospect," said Nye. Read More »

Canadian retail sales declined 0.5% in December

(Feb. 22, 2017) -- Sales at automobile dealers declined 2.5 percent in December, largely in line with an earlier-reported drop in unit vehicle sales in the month following an outsized sales pace in November. Sales of motor vehicle and parts were still up 3.9 percent from a year ago in December. Read More »

U.S. inflation at 5-year high, retail sales climb

(Feb. 15, 2017) -- "Headline inflation has now risen for six consecutive months as energy prices switched from a source of disinflation to a positive add," said Nye. "We expect that trend will continue in February with inflation picking up closer to 2.75 percent." Read More »