RBC economists Claire Fan and Nathan Janzen say Canada’s economy likely started the second quarter on stronger footing after two quarters of stalled growth. In a report for the week of June 29, they said they expect real GDP to rise 0.4% in April, in line with Statistics Canada’s preliminary estimate. The gain is expected […]
RBC chief economist Frances Donald says the U.S. consumer has remained resilient, but persistent inflation has weakened household buffers and may be starting to limit business pricing power. In RBC’s June 24 monthly executive briefing, Donald said investors should still be careful about betting against the U.S. economy, given that consumers account for nearly two-thirds […]
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