Economy 52,854 Posted December 9, 2021 Share Posted December 9, 2021 https://www.bnnbloomberg.ca/bank-of-canada-to-keep-2-inflation-target-in-new-mandate-1.1693376 Canadas Central Bank has has its mandate renewed by the Federal Government for the next 5 years and as usual the main purpose of the Central Banks monetary policy tools will be to keep inflation stable at a targeted rate of 2% Currently inflation is over double that amount. there is however growing speculation the Bank will also be given more leeway to tolerate higher inflation rates in different sets of circumstances for short periods of time tho that remains to be seen until full details are released So far Canadas Central Bank has been the most agressive among all major economonies in pulling back stimulus since pandemic to try to contain inflation Link to post Share on other sites More sharing options...
Guest Posted December 9, 2021 Share Posted December 9, 2021 Who should we ask to? We need a GaCanada Daily Link to post Share on other sites More sharing options...
.thumb.jpg.99c40bc2a10ded8236a48b4fe15c6be8.jpg)
Featured Posts
Archived
This topic is now archived and is closed to further replies.