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BULLET: CANADA BOC: Keeps o/n rate target unch at 1.0%, as...>

CANADA BOC: Keeps o/n rate target unch at 1.0%, as expected. 'Less 
mon pol stimulus will likely be required over time' but will be 
'cautious' in future decisns. Currnt stance 'appropriate'. Still data 
dependent to assess econ sensitivity to int rates, econ capacity, wage 
gwth, infl. Says 'substantial uncertainty',notably due to NAFTA. Econ 
'close' to capacity but still lbr mkt slack. Mon and fin conditions 
'somewhat less stimulative'. Econ to slow in 2H17,close to capacity thru 
2019. Infl to reach 2% in 2H18 vs mid-2018 in July due to CAD rise. 
Risks to inflation outlook 'roughly balanced'. Wage gains 'subdued'. 
Global, Cdn econ progressing as outlined in Jul MPR. Little chngs to 
infl, GDP forecasts for 2018 and 2019: 2018 GDP 2.1% (vs 2.0%), 2019 
1.5% (vs 1.6%) and 2017 3.1% (vs 2.8%). Output gap between -0.5 to 0.5 
per cent in 3Q.

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