Bank of Canada raises 2020 GDP forecast

Highlights from the Bank of Canada's MPR:

• 2020 GDP -4.3% vs -6.8% prior
• 2021 GDP +3.8% vs +4.9% prior
• 2022 GDP +3.0% vs +3.2% prior

Inflation:

• 2020 CPI +0.2% vs +0.4% prior
• 2021 CPI +1.3% vs +1.3% prior
• 2022 CPI +1.8% vs +1.8% prior

Full text of the MPC