Speech by Charles Freedman, Bank of Canada, 2 Oct

- Central Banking staff
- 03 Oct 2002

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SPEECH - In the speech titled 'The Role of Inflation Targets in the Canadian Economy' Freedman said that a monetary policy framework based on an explicit target for inflation has helped the Canadian economy to weather shocks, and will continue to do so in the future. Inflation targeting was introduced in Canada in 1991, Freedman said, and the approach has been very effective in providing an anchor for monetary policy.

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