Sentences with phrase «persistent economic slack»

And despite recent gains in employment, subdued growth in wages and hours worked continues to reflect persistent economic slack in Canada, in contrast to the United States.

Core inflation is close to 2 per cent because the effect of persistent economic slack is still being offset by that of past exchange rate depreciation, although the latter effect is dissipating.

While there have been recent gains in employment, subdued growth in wages and hours worked continue to reflect persistent economic slack in Canada, in contrast to the United States.»