Former BoC governor Stephen Poloz warns against entrenching inflation in expectations
Posted: Sep 27th, 2022In: ConstructionNewsBANFF, Alta. – Preventing current high inflation levels from becoming embedded into the public’s expectations is key if the country is to avoid falling into recession, former Bank of Canada governor Stephen Poloz said Thursday. Poloz, who was head of the bank for[...]
Read More about Former BoC governor Stephen Poloz warns against entrenching inflation in expectationsThe Bank of Canada’s own policy is the reason why inflation is so high
Posted: Sep 16th, 2022In: ConstructionNewsGovernor of the Bank of Canada Tiff Macklem speaks at a press conference in Ottawa in June 2022. THE CANADIAN PRESS/ Patrick Doyle Apostolos Serletis, University of Calgary The Bank of Canada has raised interest[...]
Read More about The Bank of Canada’s own policy is the reason why inflation is so highBank of Canada deputy governor says near term inflation higher amid Ukraine war
Posted: Mar 26th, 2022In: ConstructionNewsOTTAWA – The Russian invasion of Ukraine is adding to inflationary pressures around the world and in Canada, a senior Bank of Canada official said Friday. In a speech by webcast to a conference at the U.S. Federal Reserve Bank of San Francisco, deputy governor[...]
Read More about Bank of Canada deputy governor says near term inflation higher amid Ukraine war