Eric Lascelles
Eric Lascelles
#### Full Name and Common Aliases
Eric Lascelles is a well-known Canadian economist who has made significant contributions to the field of macroeconomic policy.
#### Birth and Death Dates
Born on November 21, 1965 (no death date available), Eric Lascelles' work continues to be relevant in today's economic landscape.
#### Nationality and Profession(s)
Eric Lascelles is a Canadian economist with expertise in macroeconomic policy. He serves as the Chief Economist of RBC Economics Research, providing valuable insights on the Canadian economy.
#### Early Life and Background
Growing up in Canada, Eric Lascelles developed an interest in economics at a young age. This curiosity led him to pursue higher education, earning his Bachelor's degree from McGill University and later completing his Ph.D. in economics from the University of Toronto.
#### Major Accomplishments
Throughout his career, Eric Lascelles has achieved numerous milestones that demonstrate his expertise in macroeconomic policy. Some notable accomplishments include:
His work on the Canadian economy, providing forecasts and analysis on various economic indicators such as GDP growth, inflation, and unemployment rates.
He has been a vocal advocate for fiscal responsibility and prudent monetary policy, often speaking at conferences and seminars on these topics.
#### Notable Works or Actions
Eric Lascelles has authored numerous publications, including articles in academic journals and op-eds in leading newspapers. His work is widely cited by policymakers, academics, and the media. Some notable contributions include:
He has written extensively on the impact of monetary policy on the Canadian economy.
Lascelles has also been a regular commentator on Canadian economic issues, appearing frequently on television and radio programs.
#### Impact and Legacy
Eric Lascelles' work continues to have a significant impact on Canadian economic policy. His expertise and insights have influenced decision-makers at all levels of government. As a respected voice in the field, he remains an important contributor to ongoing debates about economic policy.
#### Why They Are Widely Quoted or Remembered
Eric Lascelles is widely quoted and remembered due to his:
Expertise in macroeconomic policy, which has earned him recognition as one of Canada's leading economists.
His ability to communicate complex economic concepts in a clear and accessible manner, making him a sought-after commentator on Canadian economic issues.
As the Chief Economist at RBC Economics Research, Eric Lascelles continues to provide valuable insights on the Canadian economy. His work serves as an important resource for policymakers, academics, and the media alike, solidifying his position as one of Canada's leading economists.
Quotes by Eric Lascelles
Eric Lascelles's insights on:
The manufacturing sector continued to struggle. And in light of the sour business conditions survey ... that trend appears likely to continue.
I don't think this is going to cause the Bank of Canada to differ in its ways. We still think 4 percent (overnight rate) is the likely peak for them.
I don't think there has been much of an impact at all from the election because, certainly a minority was expected, a minority was the outcome.
Clearly, many of these automakers are encountering pretty substantial troubles and I think it is going to be a tough time for both the workers and the companies going forward - we'll just have to see how rough it is.
Inflation isn't out of hand anyway in Canada. The market may think the Bank of Canada will move less aggressively. It will be a surprise if the bank moves beyond 4 percent.
The Canadian economy is alive and well and will continue to grow. This will be near-term positive for the Canadian dollar.
The intent of that, in my view, is to say they are very cautious about looking forward. A rate hike should not be expected in the same vein that one was expected for today.
The Bank of Canada may look closely at this number and sit up and think whether they should go further. There is a probability they may go beyond 4 percent.