The bank of canada is considering whether it should raise its 2percent inflation target as it adapts to a future of slower global growth and lower policy interest rates.the so-called neutral interest rates in canada the longer-term needed to keep inflation and growth balanced has fallen by 1.5 percentage points between 3 percent to 4 percent since the global financial crisis.deputy governor or Agathe cote said today in calgary.that will probably increase the frequency of occasions when the central bank needs to increase stimulus but is constrained by interest rates at about zero percent,cote said
Posted on: Wed, 19 Nov 2014 06:41:25 +0000
Trending Topics
Recently Viewed Topics
© 2015