Hear directly from RBC Global Asset Management Chief Economist, Eric Lascelles in his monthly and quarterly updates. Representing RBC GAM Investment Strategy Committee's (RISC) economic views, Eric shares timely insights and the expectations of RBC GAM on the global economy.
Waiting for recession - November 2022
Aggressive tightening by central banks seems to have helped ease headline inflation down slightly in recent weeks. How much higher do interest rates need to go before the more stubborn core inflation numbers follow? Is a recession inevitable at this point? This month, Chief Economist Eric Lascelles explores these questions. He also examines mounting global geopolitical risks, including the ongoing war in Ukraine, growing tensions between China and Taiwan, and the latest in U.S. and UK politics. Eric concludes with an update on demographic trends.