Monetary policy report from the BOC

Author: Greg Michalowski | Category: News

monetary policy report

GDP:
  • Q2 GDP growth 1.3% versus 1.0%
  • End 2019 GDP growth 1.5% versus 1.4% previously
  • End 2020 GDP growth 2.0% versus 2.2% previously
CPI:
  • Q2 CPI 2.1% versus 2.0% previously
  • End 2019 CPI 2.0% versus 2.1% previously
  • End 2020 CPI 2.0% versus 2.0% previously
Output gap:  The output gap was in a range of -1.25% to -0.25% in the 1st quarter of 2019 (unchanged from the prior report)

The neutral rate is currently estimated to be between 2.25% and 3.25% (unchanged from the prior report).

ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose