TY - GEN AB - The adjustment of the Canadian economy to major global developments continues to shape the economic outlook. These developments include solid world economic growth; a realignment of world currencies, including the Canadian dollar; movements in the prices of crude oil and non-energy commodities; and the growing global presence of China and India. Canadian monetary policy facilitates the adjustment process by aiming to keep inflation at its 2 per cent target and the economy operating near its production capacity. The near-term outlook for the global economy is a touch weaker than projected in the October Monetary Policy Report, but there is now greater confidence in the momentum of the U.S. economy in 2005. DA - 2005 ID - 4192 KW - Monetary policy KW - Politique monétaire L1 - https://www.oar-rao.bank-banque-canada.ca/record/4192/files/mpr_update270105.pdf L2 - https://www.oar-rao.bank-banque-canada.ca/record/4192/files/mpr_update270105.pdf L4 - https://www.oar-rao.bank-banque-canada.ca/record/4192/files/mpr_update270105.pdf LA - eng LK - https://www.oar-rao.bank-banque-canada.ca/record/4192/files/mpr_update270105.pdf N2 - The adjustment of the Canadian economy to major global developments continues to shape the economic outlook. These developments include solid world economic growth; a realignment of world currencies, including the Canadian dollar; movements in the prices of crude oil and non-energy commodities; and the growing global presence of China and India. Canadian monetary policy facilitates the adjustment process by aiming to keep inflation at its 2 per cent target and the economy operating near its production capacity. The near-term outlook for the global economy is a touch weaker than projected in the October Monetary Policy Report, but there is now greater confidence in the momentum of the U.S. economy in 2005. PY - 2005 T1 - Monetary Policy Report UpdateJanuary 2005 TI - Monetary Policy Report UpdateJanuary 2005 UR - https://www.oar-rao.bank-banque-canada.ca/record/4192/files/mpr_update270105.pdf Y1 - 2005 ER -