David Dodge: Monetary Policy Report – introductory statement Opening statement by Mr David Dodge, Governor of the Bank of Canada, at a press conference following the release of the Monetary Policy Report, Ottawa, 19 October 2006.
A pick-up in the global economy has been delayed, due mainly to the intensified and prolonged U.S.-China trade friction and the continued slowdown in the Chinese economy, and the global economy has not yet moved out of this situation. What is the outlook for the global economy next year?