Bank of Canada policy since 1989 suggests ________.

Question

Quizplus · Accepted Answer

Since 1989, the Bank of Canada has not adopted a policy that focuses on using a monetary aggregate as its intermediate target, nor has it shown a decreased concern for fluctuations in the overnight interest rate or a greater concern for exchange rates over interest rates. Instead, its policies have primarily focused on targeting inflation, aiming to keep it within a specific range to ensure economic stability.

Bank of Canada Policy Since 1989 Suggests ________