Skip to main content

Bank will have mixed feelings about stronger loonie

Given that an average of the Bank’s three core inflation measures reached a seven-year high in May, policymakers may welcome the disinflationary effect that the appreciation of the loonie this week will have. A stronger exchange rate will make life even harder for exporters, however, at a time when GDP growth south of the border is already slowing.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access