Royce Mendes
CanadaeconomistMale6.0Global Dominance: 0.01%Royce Mendes is a prominent Canadian economist and the head of macro strategy at Desjardins Securities, where he provides insights into monetary policy and economic forecasts. Recently, he commented on Governor Tiff Macklem's cautious tone regarding the Bank of Canada's potential responses to the economic impacts of U.S. tariff threats, noting that the central bank may not cut interest rates as aggressively as it would during a typical recession due to conflicting inflationary pressures.
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Royce Mendes is the managing director and head of macro strategy at Desjardins Securities.
How market bets and economist views for future BoC rate moves have shifted in the wake of today’s hotter-than-expected inflation dataCanada· 2026-06-22
Royce Mendes, head of macro strategy at Desjardins Securities, commented on the potential recovery of the Canadian economy.
Canada posts surprise job gains in October, bolstering case for BoC rate pause next monthCanada· 2025-11-07
Royce Mendes is the managing director and head of macro strategy at Desjardins who discussed the implications of consumer price gains.
How today’s inflation report has shifted market and economist predictions for BoC rate cutsCanada· 2025-10-21
Royce Mendes is the head of macro strategy at Desjardins Securities.
Canada’s inflation rate quickens to 2.4% ahead of BoC rate decisionCanada· 2025-10-21Royce Mendes, head of macro strategy at Desjardins, commented on the Bank of Canada's surveys and inflation expectations.
Bank of Canada finds downbeat businesses and consumers ahead of rate decisionCanada· 2025-10-21
Royce Mendes, head of macro strategy at Desjardins, commented on the Bank of Canada's surveys and inflation expectations.
Bank of Canada finds downbeat businesses and consumers ahead of rate decisionCanada· 2025-10-20Royce Mendes, head of macro strategy at Desjardins Securities, discussed the implications of the unemployment rate.
Canada’s economy added 60,000 jobs in September, rebounding from two months of lossesCanada· 2025-10-10
Royce Mendes is the managing director and head of macro strategy at Desjardins Securities.
How today’s jobs report has shifted market and economist predictions for BoC rate cutsCanada· 2025-10-10Royce Mendes is the managing director and head of macro strategy at Desjardins.
How today’s inflation report has shifted market and economist predictions for BoC rate cutsCanada· 2025-09-16
Royce Mendes is the managing director and head of macro strategy at Desjardins.
Market-based odds of BoC rate cut this month zoom to 90% after weak jobs reportsCanada· 2025-09-05
Royce Mendes, head of macro strategy at Desjardins Bank, predicted that the bank would cut interest rates by 25 basis points later this month.
Canada’s unemployment rate in August climbs to nine-year high outside of pandemicCanada· 2025-09-05
Royce Mendes, managing director and head of macro strategy at Desjardins Securities, discusses the impact of the tariff war on the Canadian economy.
How Friday’s surprisingly weak GDP report has shifted market and economist views for future BoC rate cutsCanada· 2025-08-31
Royce Mendes, head of macro strategy at Desjardins, wrote in a note to clients.
Canada’s economy contracts sharply in second quarter as tariffs hit exportsCanada· 2025-08-29Royce Mendes, head of macro strategy at Desjardins, wrote in a note to clients that the surveys may appear overly downbeat.
Businesses downbeat but less worried about worst-case tariff scenario, Bank of Canada surveys findCanada· 2025-07-22Royce Mendes is the managing director and head of macro strategy at Desjardins.
‘The door is now firmly slammed shut on a July BoC rate cut’: Markets and economists react to today’s inflation dataCanada· 2025-07-15
Royce Mendes, managing director and head of macro strategy at Desjardins Capital Markets, called the job numbers 'solid'.
Canadian unemployment rate unexpectedly drops in June to 6.9%Canada· 2025-07-11
Royce Mendes is the managing director and head of macro strategy at Desjardins.
How today’s GDP report has shifted market bets and economist views for next week’s BoC rate decisionCanada· 2025-05-30
Royce Mendes is the Managing Director & Head of Macro Strategy at Desjardins who commented on the job losses in March.
How today’s surprisingly weak jobs report has shifted market bets and economist views for future BoC rate cutsCanada· 2025-04-04
Royce Mendes is the Managing Director and Head of Macro Strategy at Desjardins Capital Markets.
‘This is how you sabotage the world’s economic engine’: What market strategists are saying as stock futures plunge on Trump’s tariffsCanada· 2025-04-03
Royce Mendes, head of macro strategy at Desjardins, noted that there is scope for Canada and Mexico to take market share from other U.S. trading partners.
Canada, Mexico spared from worst of Trump’s latest tariff blitzCanada· 2025-04-03
Royce Mendes, head of macro strategy at Desjardins, wrote in a note to clients about the likely pause in the Bank of Canada's rate cutting cycle.
Canada’s annual inflation rate jumps to 2.6% in February as GST holiday endsCanada· 2025-03-18Royce Mendes is the managing director and head of macro strategy at Desjardins Capital Markets.
‘It now seems likely that the BoC will pause its rate cutting cycle’: Economists and markets react to today’s surprise jump in inflationCanada· 2025-03-18Royce Mendes, head of macro strategy at Desjardins, wrote in a note to clients about the likely pause in the Bank of Canada's rate cutting cycle.
Canada’s annual inflation rate jumps to 2.6% in February as GST holiday endsCanada· 2025-03-18Royce Mendes is the managing director and head of macro strategy at Desjardins who commented on Macklem's statements.
Canadian dollar weakens as Bank of Canada signals likely tariff responseCanada· 2025-02-21Royce Mendes is the head of macro strategy at Desjardins Securities who commented on Tiff Macklem's cautious tone regarding monetary policy.
Tariff threats already affecting Canada’s economy, BoC’s Macklem saysCanada· 2025-02-08