Wilkins sheds light on research into Bank of Canada regime

carolyn-wilkins
Carolyn Wilkins

Three themes will guide the Bank of Canada's research as it prepares to renew its inflation-targeting agreement next year, according to senior deputy governor Carolyn Wilkins.

Speaking to Central Banking ahead of its annual awards dinner, Wilkins stressed "the bar is very high" to any changes to the existing framework, which sees the Bank of Canada target 2% inflation – the midpoint of its 1–3% control range.

The central bank is conducting a "full research programme" in the build-up to the

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