000004018 001__ 4018
000004018 003__ CaOOB
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000004018 040__ $$aCaOOB$$beng$$erda
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000004018 043__ $$an-cn---
000004018 245__ $$aMonetary Policy Report$$bOctober 2003
000004018 264_1 $$aOttawa, Ontario :$$bBank of Canada,$$c2003
000004018 269__ $$a2003
000004018 300__ $$a1 online resource (32 pages)
000004018 336__ $$aText
000004018 337__ $$2rdamedia$$acomputer$$bc
000004018 338__ $$2rdacarrier$$aonline resource$$bcr
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000004018 520__ $$aIn the April Monetary Policy Report, the Bank noted that inflation was well above its 2 per cent target and that short-term inflation expectations had edged up. Although inflation was being pushed up by special factors, particularly insurance premiums and energy costs, there were also signs that strong domestic demand was working to broaden price pressures. In April, we projected that Canadian economic growth would average 2 1/2 per cent in the first three quarters of the year and that core inflation would fall to 2 per cent by early 2004. As it turns out, growth has been weaker than expected and is now likely to average just over 1 1/2 per cent in the first three quarters of the year. So the Bank now estimates that there is more slack in the economy than was projected in April. Moreover, the decline in core inflation occurred earlier, and has been more pronounced, than we had projected. As well, virtually all measures of inflation expectations have decreased since April.
000004018 538__ $$aSystem requirements: Adobe Acrobat Reader.
000004018 650_0 $$aMonetary policy$$zCanada.$$aPolitique monétaire$$zCanada.
000004018 7102_ $$aBank of Canada.
000004018 7750_ $$iFrench version$$tRapport sur la politique monétaire : octobre 2003$$w4065
000004018 789__ $$tMonetary Policy Report Summary : October 2003$$eIsSupplementedBy$$2URL$$whttps://www.oar-rao.bank-banque-canada.ca/record/4102
000004018 8301_ $$aMonetary Policy Report
000004018 8564_ $$uhttps://www.oar-rao.bank-banque-canada.ca/record/4018/files/mproct03.pdf$$9c0e18f62-c637-4f8f-b4fb-708d87fa518c$$s462045$$zFile Source: Bank of Canada website, 2024
000004018 909CO $$ooai:www.oar-rao.bank-banque-canada.ca:4018$$pbibliographic
000004018 980__ $$aIR
000004018 980__ $$aMonetary Policy Report
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