Bank of Canada confident inflation will edge down

- Central Banking staff
- 21 Mar 2003

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The Bank of Canada published its annual report for 2002 on Thursday 20 March and struck a confident note on inflation. Within a year the rate is expected to fall back to around two percent, the report said. Governor Dodge reflected on the Canadian economy's progress saying that it had outperformed virtually all other industrial economies achieving over 3 percent growth.

Click here to download the Bank of Canada Annual Report 2002

Source: The Canadian Press

Although the inflation rate hit 4.5 per

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