Published
The Bank of Canada’s new mandate keeps at its heart a two per-cent annual inflation rate.
However, when setting its trendsetting interest rate, Canada’s central bank will now also consider the health of the job market as part of its inflation-targeting regime.
Anne Gaviola explains what that means for Canadians and their wallets.
For more info, please go to https://globalnews.ca/news/8446306/bank-of-canada-new-mandate-inflation-housing/
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
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#Inflation #Consumer #GlobalNews
However, when setting its trendsetting interest rate, Canada’s central bank will now also consider the health of the job market as part of its inflation-targeting regime.
Anne Gaviola explains what that means for Canadians and their wallets.
For more info, please go to https://globalnews.ca/news/8446306/bank-of-canada-new-mandate-inflation-housing/
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#Inflation #Consumer #GlobalNews
- Category
- U.S. & Canada
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- global news, Bank of Canada, Bank of Canada trendsetting rate
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