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 ...

Paul Krugman has long been a critic of the Fed's 2% inflation target, and suggests the goal be bumped up to 3%. But central bankers' reaction to such suggestions is similar to what "you'd get if you ...

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 ...

FRANKFURT (Reuters) -The ECB should abandon targeting headline inflation and focus instead on price growth in discretionary spending to protect the bloc's poorest, a paper to be presented to ...

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 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 ...

Bank of Canada’s Tiff Macklem says inflation target ‘now in sight,’ but doesn’t rule out more rate hikes Mark Rendell Economics Reporter Published September 7, 2023 Updated September 8, 2023 ...

Inflation prediction: 2.9 per cent BMO expects a slowdown in prices for food and gasoline to help temper consumers’ inflation expectations. “ (That’s) exactly what policymakers want to see,” Kavcic ...

Bank of Canada Governor Tiff Macklem says the bank is committed to getting inflation back to its target of 2%. (Sean Kilpatrick/Canadian Press) ...

Inflation has fallen back into the Bank of Canada's target range of one-to-three per cent, but some economists are warning that might not be enough to stave off future rate hikes.