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Monthly Macro and Strategy | The case for more rate hikes

March 2, 2023

"February brought a few surprises that have prompted us to review some of our convictions for 2023.”

— Sébastien Mc Mahon and Adil Mahroug, iAIM



  • We continue to recommend a defensive stance despite the markets’ strong start to the year.
  • The recent strength of economic data and inflation lead us to downgrade the odds of a recession in 2023…
  • … and upgrade the odds of new rate hikes by the Bank of Canada in the coming months.


Your current economic review is also in the Document Centre of the Advisor Centre every month!

Search with the keyword "Macro" or bookmark the following link: Monthly Macro and Strategy





Sébastien Mc Mahon, MA, PRM, CFA
Chief Strategist, Senior Economist and Vice-President, Asset Allocation & Portfolio Manager


Adil Mahroug_HD





Adil Mahroug, M. Sc.
Senior Strategist and Director, Asset Allocation


Topic : Economic news

Written by iAIM

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