Canada: Staff Report for the 2001 Article IV Consultation
April 23, 2001
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The Canadian economy ended the 1990s with a very strong performance, underpinned by the sound macroeconomic policies put in place during the decade. The Bank of Canada raised interest rates markedly in 2000 as estimates of slack in the economy were narrowing rapidly. Executive Directors agreed with the authorities' view that monetary policy should be set to reflect economic conditions in Canada and should aim to allow the economy to seek its productive potential without compromising the official inflation target.
Subject: Banking, Financial institutions, Inflation, Inflation targeting, Labor, Monetary policy, Prices, Public debt, Stocks
Keywords: Canada, Canadian dollar, core consumer price inflation, CR, Europe, Global, Inflation, inflation expectation, Inflation targeting, interest rate cut, ISCR, monetary policy announcement date, monetary policy change, North America, Stocks
Pages:
56
Volume:
2001
DOI:
Issue:
062
Series:
Country Report No. 2001/062
Stock No:
1CANEA0012001
ISBN:
9781451806878
ISSN:
1934-7685
