October 11, 2024
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October 11, 2024
Consumers’ perceptions of current inflation and their expectations for inflation over the next year have declined this quarter, although they remain higher than they were before the COVID‑19 pandemic. Perceptions of financial stress have improved. And, given recent interest rate cuts and lower inflation, fewer consumers reported reducing their spending. However, consumers expect interest rates to remain elevated, which is affecting their spending decisions. Perceptions of the labour market have weakened further, with young consumers reporting a more pronounced deterioration than others. Still, overall, job prospects are close to survey averages.
Canadian Survey of Consumer Expectations—Third Quarter of 2024
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Canadian Survey of Consumer Expectations
October 10, 2024
The Bank of Canada will begin releasing its Monetary Policy Report (MPR) as an interactive, web-based publication on October 23, 2024.
Bank of Canada to begin publishing web-based Monetary Policy Report
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Announcements
October 3, 2024
Bank of Canada Board launches process to appoint additional external Deputy Governor
The Board of Directors of the Bank of Canada has initiated a recruitment process to fill a new external Deputy Governor position. The Board has formed a selection committee to spearhead the selection process and has retained recruitment firm Boyden to assist with the open external search process.
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October 1, 2024
The Bank of Canada Museum launches a new free educational resource “You Are the Economy”
The Bank of Canada Museum is excited to introduce “You Are the Economy,” a comprehensive suite of six free lesson plans on economic and financial literacy for Grade 7–12 students across Canada.
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