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CANADA RENEWS 2% INFLATION TARGET TO 2031 Canada’s government and the Bank of Canada renewed their monetary-policy framework Thursday. The annual consumer-price inflation target remains 2%, within a 1%–3% range, and the agreement ends December 31, 2031. The Bank retains flexibility to respond to economic shocks; this is a framework renewal, separate from a policy-rate decision. Source: Bank of Canada joint statement. #BankOfCanada #CanadaInflation #MonetaryPolicy
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CANADA RENEWS 2% INFLATION TARGET TO 2031 Canada’s government and the Bank of Canada renewed their monetary-policy framework Thursday. The annual consumer-price inflation target remains 2%, within a 1%–3% range, and the agreement ends December 31, 2031. The Bank retains flexibility to respond to economic shocks; this is a framework renewal, separate from a policy-rate decision. Source: Bank of Canada joint statement. #BankOfCanada #CanadaInflation #MonetaryPolicy
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Canada has an inflation problem and a dollar problem, and each one makes the other worse. On this week's Worth Investing, Jonathan Wellum explains that a weaker Canadian dollar means more inflation.… | ROCKLINC Investment Partners Inc.
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Canada has an inflation problem and a dollar problem, and each one makes the other worse. On this week's Worth Investing, Jonathan Wellum explains that a weaker Canadian dollar means more inflation.… | ROCKLINC Investment Partners Inc.
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