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.

1.Under what conditions do you think the Bank of Canada would NOT to change the overnight rate in 2018?

2.Under what conditions do you think the Bank of Canada would raise the overnight rate in 2018?