Bank of Canada: Business Outlook Survey

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The Bank of Canada's quarterly Business Outlook Survey reveals that inflation expectations are grounded, with most firms expecting that it will be within the bank's target over the next two years.

The survey echoes the cautiously optimistic tone seen in recent releases from the Bank of Japan and Reserve Bank of Australia among others - it notes that business activity has picked up, and credit conditions have stabilised, but points out that business fixed investment is still slow, reflection the

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