Russia’s Invasion: Economic Impact

The immediate financial market response to Russia’s invasion into Ukraine was textbook risk aversion. What follows is less clear-cut. In this report, we look at the potential implications on North America’s economy and on monetary policy.

Douglas Porter, CFA
Managing Director & Chief Economist
Michael Gregory, CFA
Deputy Chief Economist and Managing Director

Benjamin Reitzes
Managing Director, Canadian Rates & Macro Strategist

Robert Kavcic
Director and Senior Economist