Canada's Dodge on inflation targeting

In a speech on 'Inflation targeting: A Canadian perspective' given on 21 March, David Dodge of the Bank of Canada said that Canada's experience under inflation targeting has been "unambiguously positive" since the central bank and federal government agreed to adopt this monetary policy framework in 1991.

In the speech to the National Association for Business Economics, Governor Dodge stressed that for both the Bank of Canada and the federal government, inflation targeting has been seen as a

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