RBC

Institutional, RBC

17

Oct’26

Canada: Energy-driven resilience with limited core pass-through – RBC

Royal Bank of Canada (RBC) strategis Claire Fan and Abbey Xu expect Canada’s headline Consumer Price Index to remain at 3% year-over-year in September, supported by higher gasoline and furnace Oil prices. They see moderating food inflation and a dip in core CPI to 1.8%, with diffusion indices suggesting inflation pressures remain relatively narrow despite […]

by Currency Hedger
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  • 5 minutes ago
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Institutional, RBC

17

Oct’26

Bank of Canada: Inflation-growth tradeoff keeps policy on hold – RBC

Royal Bank of Canada economists Claire Fan and Abbey Xu assess upcoming Canadian inflation data and the Bank of Canada’s Q3 Business Outlook Survey ahead of the Oct. 28 policy decision. They highlight persistent energy-driven inflation versus a still-soft economy, and expect this contentious balance of risks to keep the Bank of Canada on hold […]

by Currency Hedger
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  • 13 minutes ago
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