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2017 2018 Inflation 122.00 126.50 GDP 1973.40 2039.20 Unemployment Rate 6.90 6.30 Exchange Vs $US 1.01 0.97 Given the above information (Next page): A Calculate
| 2017 | 2018 |
|
|
|
Inflation | 122.00 | 126.50 |
GDP | 1973.40 | 2039.20 |
Unemployment Rate | 6.90 | 6.30 |
Exchange Vs $US | 1.01 | 0.97 |
Given the above information (Next page):
A Calculate the inflation rate for 2015. Is this inside the range desired by the Bank of Canada? Why or why not?
B Based on your answer above, what action is the Bank of Canada likely to take?
C Based on the information above, what are your expectations for interest rates? Based on those expectations, if you are a bond speculator, what type of bonds should you be buying or selling?
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