Bank of Canada Governing Council
Bank of Canada’s confidence grows that rates are now high enough, but says inflation risks remain
December 20, 2023
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The Bank of Canada’s six-member Governing Council believes odds have increased that interest rates are now high enough to bring inflation back to target.
Bank of Canada concerned inflation could remain “stuck” above 2%
April 26, 2023
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While the Bank of Canada expects inflation to continue to ease this year, it is also concerned about the risk of inflation becoming “stuck materially” above its 2% target.
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