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Toward the Next Renewal of the Inflation-Control Agreement: Questions Facing the Bank of Canada

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June 29, 2016
Toward the Next Renewal of the Inflation-Control Agreement: Questions Facing the Bank of Canada

The Bank of Canada should not squander its hard-won credibility by increasing its target rate of inflation, says a new report from the C.D. Howe Institute. In “Toward the Next Renewal of the Inflation-Control Agreement: Questions Facing the Bank of Canada,” author Steve Ambler concludes that Steven Poloz should stay with 2 percent in the new inflation-control agreement due before year-end.

Author(s):

Steve Ambler, Professor of Economics, Université du Québec
Steve Ambler

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© 2014 C.D. Howe Institute. All Rights Reserved.

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© 2014 C.D. Howe Institute. All Rights Reserved.