Sep 4, 2020
Bank of Canada to Revisit Inflation-Targeting, Shadowing Fed: Reuters Poll
Bank of Canada to Revisit Inflation-Targeting, Shadowing Fed: Reuters Poll
The Bank of Canada will remain in a holding pattern and likely follow the U.S. Federal Reserve’s path of reviewing its current inflation-targeting framework to protect the economy from the fallout of the coronavirus, a Reuters poll showed.
Just before the Fed’s landmark decision to change its approach towards inflation rate targeting, BoC Deputy Governor Lawrence Schembri said the ongoing…
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