Thursday, December 12, 2013

Bank Of Canada says "focus is on inflation"

“Our focus is on inflation and is our forecast going to work out that gets inflation back up to target around two years from now. That’s our main preoccupation and markets will choose to grind out an exchange rate independently of that.”

http://www.canadianbusiness.com/business-news/bocs-poloz-says-low-interest-rates-needed-to-keep-deflation-at-bay/

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