-
Monetary Policy Report - July 2021
The Bank’s mandate is to conduct monetary policy to promote the economic and fi nancial well-being of Canadians. • Canada’s experience with infl ation targeting since 1991 has shown that the best way to foster confi dence in the value of money and to contribute to sustained economic growth, employment gains and improved living standards is by keeping infl ation low, stable and predictable. • In 2016, the Government and the Bank of Canada renewed Canada’s infl ation-control target for a further fi ve-year period, ending December 31, 2021. The target, as measured by the rate of infl ation of the consumer ... (full story)
-
BOC: 2021 Q1 ANNUALIZED GDP WAS +5.6% (VS +7.0% IN APRIL MPR), Q2 ANNUALIZED GDP SEEN +2.0% (VS +3.5%), Q3 ANNUALIZED GDP SEEN +7.3% #News #Forex #BOC
— Capital Hungry (@Capital_Hungry) July 14, 2021
-
BOC: WE SEE POTENTIAL OUTPUT GROWTH AVERAGING AROUND 1.8% PER YEAR FROM 2021 TO 2023, UP 0.2% FROM APRIL MPR.
— Breaking Market News (@financialjuice) July 14, 2021
-
BOC MON. POL REPORT: CANADA 2021, 2022 CPI FORECAST REVISED UP SLIGHTLY;TRANSITORY FACTORS TO KEEP CPI AT OR ABOVE 3% THRU 2021,THEN RETURN TO TARGET #BoC #Canada #monpol
— Mace News (@MaceNewsMacro) July 14, 2021