Carney expresses faith in flexible inflation targeting

Mark Carney

In a speech today (February 24) to the US Monetary Policy Forum, Bank of Canada governor Mark Carney reviewed the advantages of Canada's flexible inflation-targeting regime.

Citing a "complex and continuously evolving world that no-one can predict with certainty", Governor Carney said flexible inflation targeting "provides a robust framework for all seasons".

Carney said such a regime "allows central banks to deliver what is expected while dealing with the unexpected". He discussed the monetary

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