How Flexible Can Inflation Targeting Be? Suggestions for the Future of Canada's Targeting Regime

Thorsten Koeppl

C.D. Howe Institute Commentary, 2009, issue 293

Abstract: In Canada, inflation targeting is widely agreed to have been a success story, but questions about how the regime might be fine-tuned in 2011 remain open. This Commentary asks how much discretion an inflation-targeting Bank of Canada can be allowed without compromising the credibility of its low inflation goal.

Keywords: monetary policy; Bank of Canada; inflation targeting (search for similar items in EconPapers)
JEL-codes: E52 E58 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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