The Herle Burly cover image

Banking, Inflation, and Government Spending: Amanda Lang and Kevin Carmichael

The Herle Burly

00:00

Is the Bank of Canada Laser Focused on Inflation?

The Bank of Canada has a mandate to keep inflation within this band around two percentage points. But there was also some amendment to their mandate recently that has language about how they should be incorporating concern about the economy and growth. So I'm thinking, Holy Christ, they've got a lot of different things they're trying to balance here. Do they or are they just laser focused on the inflation thing? You can start.

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