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-0.000597907324364689 0.000119581464873006 -0.00152466367713002 -0.00191330343796707 -0.00185351270553066 -0.00215246636771292 -0.00370702541106131 -0.00442272047832585
Stock impact report

Rates Are Stuck: 1 Canadian Dividend Stock I'd Buy Today [Yahoo! Finance Canada]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
With food inflation weighing down Canadian consumers, it feels like the next big Bank of Canada decision could be a tougher one to make. Undoubtedly, perhaps the rate cuts have come too quickly, with what remains of post-pandemic inflation continuing to linger while other factors look to reignite untimely price increases. While a rate hike might seem like the best move from the Bank of Canada as it looks to course correct, so to speak, I certainly wouldn't be surprised if the pause button were to be held on for a while longer. While there are notable downsides to the wait-and-see approach, investors shouldn't expect rates to deviate too far from the 2.0-2.5% range. Many big banks expect rates to stay at these levels for longer (the rest of the year and maybe into 2027). But a stable or “stuck” rate environment isn't necessarily a bad thing, especially if the headline inflation figure stays within an acceptable range. As rates find a new floor to spend the next couple of quarters Show less Read more
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