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Bank of Canada governor says economic forecasting can be improved at speech in Edmonton

Bank of Canada governor says economic forecasting can be improved at speech in Edmonton

Canada’s top banker says the central bank’s approach to inflation targets has been working reasonably well, but there are gaps that could be addressed with the development of new computer economic models. Bank of Canada governor Stephen Poloz said the bank has been pursuing inflation targets for 25 years, and the average rate of inflation… Read more