BoC Schembri: We might be willing to tolerate a small overshoot in inflation

<p>BoC Deputy Governor Lawrence Schembri said that Fed’s adoption of a more dovish policy framework last week could in the end benefit the Canadian Economy. The central bank is also considering to allow an inflation overshoot like the Fed does. “Our models show that despite an appreciation of the (Canadian) dollar that might result from […]</p>
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