Canada: Staff Report for the 2001 Article IV Consultation

International Monetary Fund

No 2001/062, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; monetary policy announcement date; core consumer price inflation; Canada; Canadian dollar; interest rate cut; inflation expectation; monetary policy change; Inflation targeting; Inflation; Stocks; Global; Europe; North America (search for similar items in EconPapers)
Pages: 56
Date: 2001-04-23
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