Go to the Bank of Canada’s website. Using information from the site related to Monetary Policy answer the following in y

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Go to the Bank of Canada’s website. Using information from the site related to Monetary Policy answer the following in y

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Go to the Bank of Canada’s website. Using information from the site related to Monetary Policy answer the following in your own words:
Target for the overnight rate right now Is 1.5.
1. What do you think the Bank of Canada will do about the Target for the Overnight Rate on the next interest rate announcement date? Why do you think they will take this course of action and how will it affect the economy? Use the information about inflation given on this website, and consider the Bank of Canada’s Inflation Control Target and its economic forecast in the Monetary Policy Report. (5 marks) Please in your own words and read the questions carefully
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