Produced by RBC Global Asset Management's Chief Economist Eric Lascelles, the #MacroMemo covers what's on our economic radar for the week.
Basically, the current economic signals are sufficiently robust to warrant for a rate hike, but a number of risks and headwinds are coming down the pipe that suggest caution. As an alternative, a May rate hike is entirely possible. We budget for two rate hikes over the next 12 months – a little less than the consensus.
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