bank of canada govenor: Bank of Canada to focus on inflation.
- 01/27/09 04:47 AM
The Bank of Canada Governor Mark Carney annouced today that the Bank's main focus going forward is to closely monitor the inflation factors. In a speech to the Hailfax Chamber of Commerce he stated the following main points: 1- monetary policy focus on the inflation and the financial crisis is key2- inlfation targeting of 2%3-Our labour, product and capital markets are flexible and our bank system is sound4-Canada has the clearest most powerful monetary policy framework in the world5-Canada should accelerate to above-potential growth in 2010 The official Bank of Canada announcement is below: HALIFAX, Jan. 27 - Canadians can be (0 comments)