What's happening to inflation and why it matters
6 October 2022 · Tiff Macklem , Governor of the Bank of Canada (Canada)
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates , inflation and price stability
TM 6 Oct 2022 · Tiff Macklem Wiki · Bank of Canada Wiki What's happening to inflation and why it matters Context Remarks to the Halifax Chamber of Commerce in Nova Scotia; the Bank of Canada keeps inflation low and stable and explains why inflation matters.
Why it matters Macklem explains why prices must come down and how core gauges fall short.
Problems raised Inflation is too high. Exclusion-based core measures are imperfect. Demand must slow. Solutions proposed Continue tightening. Use better measures of core inflation. Watch inflation expectations. Read full speech on bis.org ↗ More from Tiff Macklem · Bank of Canada · all speeches
More speeches by Tiff Macklem Other leaders on monetary policy and interest rates
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