Bank of Canada Governor Expresses Skepticism Over Core Inflation Measures and Promises a Fresh Review

In a move that has sparked considerable attention within the financial sector, Bank of Canada Governor Tiff Macklem voiced his doubts regarding the efficacy of current core inflation metrics. During a recent public engagement, Macklem emphasized the need for a comprehensive examination of how core inflation is calculated and utilized, suggesting that the existing frameworks might not be adequately reflecting the true economic landscape.

Continue reading