Canada's monetary policy update

Two days after raising rates, the Bank of Canada published its update on monetary policy. "Some modest further increase in the policy rate may be required," it says.

Introducing the report, the governor of the central bank, David Dodge, echoed the warning of tighter monetary policy to come: "Economic growth and inflation in Canada in the first half of this year have been stronger than was expected in the April Monetary Policy Report."

He added: "The Bank judges that the economy is now

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: