TY - GEN AB - Three major developments are affecting the Canadian economy: the protracted weakness in the U.S. economy; ongoing turbulence in global financial markets; and sharp increases in the prices of certain commodities - particularly energy. The first two developments are evolving roughly in line with expectations outlined in the April Monetary Policy Report. However, many commodity prices continue to outstrip earlier expectations, and this has altered the outlook for global and domestic inflation. DA - 2008 ID - 4199 KW - Monetary policy KW - Politique monétaire L1 - https://www.oar-rao.bank-banque-canada.ca/record/4199/files/update170708.pdf L2 - https://www.oar-rao.bank-banque-canada.ca/record/4199/files/update170708.pdf L4 - https://www.oar-rao.bank-banque-canada.ca/record/4199/files/update170708.pdf LA - eng LK - https://www.oar-rao.bank-banque-canada.ca/record/4199/files/update170708.pdf N2 - Three major developments are affecting the Canadian economy: the protracted weakness in the U.S. economy; ongoing turbulence in global financial markets; and sharp increases in the prices of certain commodities - particularly energy. The first two developments are evolving roughly in line with expectations outlined in the April Monetary Policy Report. However, many commodity prices continue to outstrip earlier expectations, and this has altered the outlook for global and domestic inflation. PY - 2008 SN - 1495-8473 T1 - Monetary Policy Report UpdateJuly 2008 TI - Monetary Policy Report UpdateJuly 2008 UR - https://www.oar-rao.bank-banque-canada.ca/record/4199/files/update170708.pdf Y1 - 2008 ER -