Despite disappointment in the performance of many central banks, let’s not lose sight of key lessons. First, inflation stinks, inflicting most harm on those who can afford it least. Second, central ...

Now, the inflation target has been booted six months down the road, to mid-2025, and the closing of the output gap has shifted roughly nine months farther away, to early 2024.

Bank of Canada governor Tiff Macklem says he is pleased that inflation has fallen to two per cent, but the central bank now has to "stick the landing" and keep price growth centred around the target.

The benefits of being near the inflation target Canadians know inflation is too high right now. But many may wonder why the Bank’s goal is to get inflation back to 2%. Inflation is mostly influenced ...

The decision to focus on inflation was renewed earlier this month. While the Bank aims for an inflation rate of about 2%, Carney said the ideal rate would be closer to zero, or even below. But ...

OTTAWA - Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half a percentage point this week.