- Analytics
- News and Tools
- Market News
- Bank of Canada Deputy Governor Timothy Lane: the central bank may adjust its core inflation measure next year
Bank of Canada Deputy Governor Timothy Lane: the central bank may adjust its core inflation measure next year
The Bank of Canada (BoC) Deputy Governor Timothy Lane said in a speech on Tuesday that the central bank may adjust its core inflation measure next year.
"We are examining the properties of these measures of core inflation to determine whether the Bank should continue the practice of identifying one pre-eminent measure as its operational guide," he said.
Lane noted that underlying inflation in Canada is around 1.5% to 1.7%.
He also said that the depreciation of the Canadian dollar supported Canadian export and real economy.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
