Bank of Canada Press Release

PRESS RELEASE - Bank of Canada Governor reviews Canada's experience with inflation targets and a flexible exchange rate.

In a speech to the Canadian Society of New York, Bank of Canada Governor David Dodge said today that Canada's monetary policy framework, based on an explicit inflation-control target and a flexible exchange rate, "has contributed importantly to putting the Canadian economy back on the right path to longer-term prosperity."

The Governor said that, "a credible monetary policy r

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