Market news
30.05.2018, 14:09

BoC: higher interest rates will be warranted to keep inflation near target

  • Canada Q1 economic activity 'a little stronger' than projected

  • Core measures of inflation near 2%, reflect economy close to potential

  • Data suggest some upside to U.S. economic outlook

  • Trade policy uncertainty dampening global investment

  • Stresses developing in some emerging market economies

  • Will continue to assess economy's sensitivity to rate rises

  • Recent data supports BoC's outlook for 2% growth in H1

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