Sentences with phrase «cent inflation target»

It's 16 times more likely that you'll be at the zero lower bound with a zero per cent inflation target, versus a two per cent target.

The next mandate will essentially be the same as the existing two per cent inflation target, with perhaps some additional language about the importance of financial market stability.

This leaves considerable monetary stimulus in place, consistent with achieving the 2 per cent inflation target in an environment of significant excess supply in Canada.

In our March statement we indicated that our current monetary policy stance remained appropriate to achieve our 2 per cent inflation target on a sustainable basis by around the middle of 2018, whereas US authorities have now begun to tighten.

If they remain at current levels, the BoC will have to think seriously about lowering its overnight rate, not raising it, to achieve a two - per - cent inflation target over the medium term.

This is consistent with achieving the 2 per cent inflation target in an environment of significant excess supply in Canada.

Further, over 60 per cent of the «core» Consumer Price Index that excludes more volatile items is posting gains of 1.5 per cent or more and one - third of the basket exceeds the Bank of Canada's 2 per cent inflation target.

For the past quarter century, the Bank of Canada has had the responsibility of using monetary policy to achieve low, stable and predictable inflation, a goal cemented in our 2 per cent inflation target.

The Bank of Canada has already raised interest rates three times since July, but the benchmark rate is still three - quarters of a percentage point below the 2 - per - cent inflation target.

Instead, he needs to focus on the Bank of Canada's 2 per cent inflation target and accept whatever exchange rate results from the existing combination of market forces.

The Fed has committed itself to a symmetric 2 per cent inflation target and inflation has been below 2 per cent for eight years.

Like most major central banks, the Fed has put its price stability objective into practice by adopting a 2 per cent inflation target.

Gordon Brown has insisted all public sector pay deals must be in line with the government's two per cent inflation target.

«While some modest withdrawal of monetary policy stimulus will likely be required over time, consistent with achieving a two per cent inflation target, the more muted inflation outlook and the beginnings of a more constructive evolution of the imbalances in the housing sector suggest that the timing of any such withdrawal is less imminent than previously anticipated.»