000004013 001__ 4013
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000004013 022__ $$a1201-8783
000004013 040__ $$aCaOOB$$beng$$erda
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000004013 043__ $$an-cn---
000004013 245__ $$aMonetary Policy Report$$bMay 2001
000004013 264_1 $$aOttawa, Ontario :$$bBank of Canada,$$c2001
000004013 269__ $$a2001
000004013 300__ $$a1 online resource (32 pages)
000004013 336__ $$aText
000004013 337__ $$2rdamedia$$acomputer$$bc
000004013 338__ $$2rdacarrier$$aonline resource$$bcr
000004013 347__ $$atext$$bPDF
000004013 520__ $$aAt the time of the November 2000 Monetary Policy Report, although signs of the anticipated slowing of the U.S. economy were becoming apparent, the momentum of the global economy was considered strong. The U.S. slowdown has, in fact, turned out to be more pronounced than expected, and, largely as a consequence, growth in global demand has been weaker than projected. A weaker global economy, together with declines in energy prices from earlier peaks, has reduced the risk of inflationary pressures worldwide. The abrupt easing in the pace of U.S. economic expansion, particularly in the markets for motor vehicles and for information and telecommunications equipment, contributed importantly to a slowing in economic growth in Canada towards the end of last year and into 2001. The pace of expansion in both the U.S. and Canadian economies during the first half of this year is now projected to be much weaker than expected last November, as inventory imbalances in those sectors experiencing weaker demand are corrected. As a result, the Canadian economy will probably be operating somewhat below capacity by mid-2001, suggesting some downward pressure on core CPI inflation over the remainder of the year.
000004013 538__ $$aSystem requirements: Adobe Acrobat Reader.
000004013 650_0 $$aMonetary policy$$zCanada.$$aPolitique monétaire$$zCanada.
000004013 7102_ $$aBank of Canada.
000004013 7750_ $$iFrench version$$tRapport sur la politique monétaire : mai 2001$$w4060
000004013 789__ $$tMonetary Policy Report Summary : May 2001$$eIsSupplementedBy$$2URL$$whttps://www.oar-rao.bank-banque-canada.ca/record/4097
000004013 8301_ $$aMonetary Policy Report
000004013 8564_ $$uhttps://www.oar-rao.bank-banque-canada.ca/record/4013/files/mprmay01.pdf$$952f23fd5-a0e6-4853-9726-2d384989117f$$s184879$$zFile Source: Bank of Canada website, 2024
000004013 909CO $$ooai:www.oar-rao.bank-banque-canada.ca:4013$$pbibliographic
000004013 980__ $$aIR
000004013 980__ $$aMonetary Policy Report
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