In September2015, the unemployment rate was 7.0percent, the inflation rate was 0.1percent, and the overnight loans rate target was 0.5 percent. In September2017, the unemployment rate was 6.2percent, the inflation rate was 1.4percent, and the overnight loans rate target was 1.0 percent.

Why might the Bank of Canada decide to keep the overnight loans rate at 1 percent in2018?

The Bank of might decide to keep the overnight rate at 1 percent in 2018 if any of the following occur except ______.

A.

the inflation rate remains relatively steady

B.

the Canadian dollar depreciates

C.

the world economy shows signs of a slow expansion

D.

the unemployment rate begins to fall or remains steady