000004010 001__ 4010 000004010 003__ CaOOB 000004010 005__ 20250211163937.0 000004010 022__ $$a1201-8783 000004010 040__ $$aCaOOB$$beng$$erda 000004010 041__ $$aeng 000004010 043__ $$an-cn--- 000004010 245__ $$aMonetary Policy Report$$bNovember 1999 000004010 264_1 $$aOttawa, Ontario :$$bBank of Canada,$$c1999 000004010 269__ $$a1999 000004010 300__ $$a1 online resource (34 pages) 000004010 336__ $$aText 000004010 337__ $$2rdamedia$$acomputer$$bc 000004010 338__ $$2rdacarrier$$aonline resource$$bcr 000004010 347__ $$atext$$bPDF 000004010 520__ $$aSince the May Report, the international economic environment has continued to improve. Economic activity abroad grew faster than expected, while inflation in the major economies remained subdued. Japanese output increased sharply, following two years of severe recession. In Europe, growth picked up, and a number of the Asian economies that bore the brunt of the 1997–98 financial crisis have staged a remarkable recovery. The U.S. economy again showed surprisingly strong increases in spending and output, as well as low inflation, despite tight labour market conditions and high levels of economic activity. Against this background, Canada’s exports grew strongly. Domestic spending also gained momentum, and the margin of unused capacity in the economy declined. 000004010 538__ $$aSystem requirements: Adobe Acrobat Reader. 000004010 650_0 $$aMonetary policy$$zCanada.$$aPolitique monétaire$$zCanada. 000004010 7102_ $$aBank of Canada. 000004010 7750_ $$iFrench version$$tRapport sur la politique monétaire : mai 1998$$w4057 000004010 8301_ $$aMonetary Policy Report 000004010 8564_ $$uhttps://www.oar-rao.bank-banque-canada.ca/record/4010/files/mpr_nov_1999.pdf$$9fbdeca6d-fa54-4ddd-abe0-b53657e7fe0e$$s230087$$zFile Source: Bank of Canada website, 2024 000004010 909CO $$ooai:www.oar-rao.bank-banque-canada.ca:4010$$pbibliographic 000004010 980__ $$aIR 000004010 980__ $$aMonetary Policy Report 000004010 991__ $$aPublic