Watch and review the Bank of Canada's release of Monetary report from last week (link below). Answer the questions below.

https://www.youtube.com/live/gWYWfIQ2AKA

1. What does the Bank of Canada expect inflation to be by the middle of this year? Will it be in line with the target mentioned in question 1? 10 Marks
2. What are the banks expectations of the housing market in the first two quarters of this year? 5 marks.What are the mentioned factors on why the housing market may not decline as much? 5 marks
3. What does the Bank of Canada expect of the labor market in the coming months?5 marks
4. Explain, what impact if any, a tight labor market could have on Inflation. 10 marks