Dodge on the Monetary Policy Report Update

SPEECH - In his opening statement on the release of the Bank of Canada's Monetary Policy Report Update David Dodge suggested Canadian interest rates would need to rise to return inflation to the 2 per cent target over the medium term.

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Opening statement by David Dodge, Governor of the Bank of Canada at a press conference following the release of the Monetary Policy Report Update, 23 January 2003.

Good morning

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