Monetary Policy Report

A quarterly report of the Bank of Canada’s Governing Council, presenting the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks.

Receive notification by email whenever new reports are added to the website.

Published After

Published Before

Subscribe to Latest Monetary Policy Reports
Latest Monetary Policy Reports

January 23, 2003

Monetary Policy Report Update – January 2003

At the time of the October Monetary Policy Report, the Bank projected that core inflation would rise in the fourth quarter of 2002, reflecting a combination of one-off factors - including the rise in insurance premiums - and the “echo effect” from developments towards the end of 2001.
Go To Page