000004003 001__ 4003 000004003 003__ CaOOB 000004003 005__ 20250211163936.0 000004003 022__ $$a1201-8783 000004003 040__ $$aCaOOB$$beng$$erda 000004003 041__ $$aeng 000004003 043__ $$an-cn--- 000004003 245__ $$aMonetary Policy Report$$bMay 1996 000004003 264_1 $$aOttawa, Ontario :$$bBank of Canada,$$c1996 000004003 269__ $$a1996 000004003 300__ $$a1 online resource (28 pages) 000004003 336__ $$aText 000004003 337__ $$2rdamedia$$acomputer$$bc 000004003 338__ $$2rdacarrier$$aonline resource$$bcr 000004003 347__ $$atext$$bPDF 000004003 520__ $$aThis Report presents the Bank of Canada’s assessment of the trend of inflation in Canada and explains the monetary policy actions deemed necessary to keep inflation within the Bank’s inflation-control target range. Downward pressure on inflation over the last six months has warranted an easing in monetary conditions, which the Bank encouraged through reductions in its operating band for overnight interest rates.These actions have been taken against a favourable backdrop of improving financial market sentiment that reflects both progress on the fiscal front domestically and global reductions in short-term interest rates. 000004003 538__ $$aSystem requirements: Adobe Acrobat Reader. 000004003 650_0 $$aMonetary policy$$zCanada.$$aPolitique monétaire$$zCanada. 000004003 7102_ $$aBank of Canada. 000004003 7750_ $$iFrench version$$tRapport sur la politique monétaire : mai 1996$$w4050 000004003 8301_ $$aMonetary Policy Report 000004003 8564_ $$uhttps://www.oar-rao.bank-banque-canada.ca/record/4003/files/mpr_apr_1996.pdf$$9206ec425-bf6e-4fa8-8c2b-ec35eabed066$$s303344$$zFile Source: Bank of Canada website, 2024 000004003 909CO $$ooai:www.oar-rao.bank-banque-canada.ca:4003$$pbibliographic 000004003 980__ $$aIR 000004003 980__ $$aMonetary Policy Report 000004003 991__ $$aPublic