Looking for Tenders

Article

Carrick: Bank of Canada governor Carney faces tough decision

0 44 Home

by Journal Of Commerce last update:Nov 28, 2014

The Bank of Canada is meeting its target for inflation, despite the huge increase in fuel prices. At the same time, the Organisation for Economic Co-operation and Development is advising the central bank to raise interest rates.

However, this could cause the Canadian dollar to appreciate even further relative to the American currency.

For more analysis of gross domestic product (GDP) growth figures in Canada and worldwide, in the context of inflation rates and monetary policy, please see These are tricky times for Bank of Canada Governor, Mark Carney by CanaData chief economist Alex Carrick.

In his blog, Carrick discusses the OECD prognosis for North America, Germany, Japan and China, and shows why Bank of Canada governor Mark Carney faces a dilemma.

last update:Nov 28, 2014

Leave a comment

Or register to be able to comment.

Copyright ConstructConnect TM. All rights reserved. "ConstructConnect" is a dba for CMD Holdings.
The following rules apply to the use of this site:
Terms of Use and Privacy Statement