Bank of canada monetary policy report

World News

Article about Bank of canada monetary policy report

The Bank projects that the Canadian dollar will remain undervalued at 3. 8 and the exchange rate will stay low at 78. The Bank projects that the Canadian consumer will hold off on spending money, but it anticipates that the economy will grow moderately in 2017 before slowing in 2018. The Bank anticipates the economy to strengthen somewhat in 2019 and 2020. The Bank projects that the Canadian economy will grow moderately in 2021 before slowing in 2022 and then flatten out in 2023. The Bank projects that the Canadian economy will grow moderately in 2024 before slowing in 2025. The Bank anticipates that the Canadian economy will grow moderately in 2026 before moderating in 2027 and then flatening out in 2028. The Bank projects that the Canadian economy will grow moderately in the long-run, with real GDP rising 4. The Bank projects that the Canadian GDP will stagnate in 2035 and then grow moderately in the long-run, with real GDP rising 4. The Bank anticipates that the Canadian economy will grow modestly in the long-term, with real GDP increasing 3.

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