Bank of Canada’s Macklem Doubts Core Inflation Gauges, Pledges Review
Bank of Canada Governor Tiff Macklem says underlying price pressures may be cooler than indicated by the central bank’s two ...
Canada Core CPI Data Might Be 'Little Bit Overstated,' Bank of Canada Governor Says
OTTAWA--Bank of Canada Gov. Tiff Macklem said some technical features related to their preferred gauges of core inflation might be overstating the degree of price increases in the economy.
Bank of Canada CPI-Targeting Review Won't Touch 2% Level, Macklem Says — Update
Since 1995, the Bank of Canada and Department of Finance have agreed on a mandate that compels central-bank policymakers to set interest rates to achieve and maintain 2% inflation, and that framework ...
Bank of Canada CPI-Targeting Review Won't Touch 2% Level, Gov. Macklem Says
OTTAWA--The Bank of Canada has begun work on the renewal next year of its inflation-targeting framework, although Gov. Tiff Macklem on Friday kiboshed any talk of changing the target level from 2%.