WRAPUP 1-Canada annual inflation rate edges up in March [Reuters]
Royal Bank Of Canada (RY)
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Source: Reuters
WRAPUP 1-Canada annual inflation rate edges up in March - Reuters 3 Min Read (Wraps in trade, adds C$, analyst quotes) By Julie Gordon OTTAWA, April 17 (Reuters) - Canada’s annual inflation rate edged up to 1.9 percent in March from 1.5 percent in February as the downward pressure from gasoline prices lessened, easing market expectations that the Bank of Canada would cut interest rates by year end. The result was in line with analyst forecasts, though it remained just below the Bank of Canada’s 2.0 percent target for a third successive month, Statistics Canada data showed on Wednesday. Excluding energy prices, the overall rate would have been 2.2 percent. In a separate release, Statscan said Canada’s trade deficit narrowed slightly to C$2.9 billion ($2.18 billion) in February, declining for the second straight month from a record high of C$4.8 billion in December 2018. The Canadian dollar strengthened to a four-week high at 1.3275 to the U.S. dollar after the data, while money markets
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News
- Royal Bank of Canada: Risks Ahead [Seeking Alpha]Seeking Alpha
- Dr.Bill launches nationwide recognition campaign honouring Canada's dedicated physicians amid rising burnout concernsPR Web
- Australian Inflation Boosts Case for Higher-for-Longer Rates [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Australian Inflation Boosts Case for Higher-for-Longer Rates [BNN Bloomberg (Canada)]BNN Bloomberg
- It's time for tax-burdened Canadians to look beyond domestic stocks and bonds. These ETFs are a good place to start [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
RY
Earnings
- 2/28/24 - Beat
RY
Sec Filings
- 4/24/24 - Form 6-K
- 4/24/24 - Form 424B2
- 4/24/24 - Form 424B2
- RY's page on the SEC website