References https://www.bankofcanada.ca/2020/09/fad-press-release-2020-09-09/ 1. Why does the Bank of Canada include the statement that business confidence and investment
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References
https://www.bankofcanada.ca/2020/09/fad-press-release-2020-09-09/
1. Why does the Bank of Canada include the statement that business confidence and investment remain subdued? Explain what this means, and then explain why this is relevant to the Canadian economy.
2. What does it mean that CPI inflation is close to zero? What is "economic slack"?
3. In the final paragraph of the press release, the Bank of Canada gives us some information about its future policies. What should we expect for interest rates in the future? What is the Bank's goal for inflation?
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