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- Whether an explicit broadening of the BoC's mandate is needed is far from clear, but current circumstances support the need for flexibility in monetary policy frameworks.
- Whether an explicit broadening of the BoC's mandate is needed is far from clear, but current circumstances support the need for flexibility in monetary policy frameworks.
- The general consensus among economists is that central bank independence is necessary for good inflation control.
- The general consensus among economists is that central bank independence is necessary for good inflation control.
- Politicians have many competing priorities, and may not always place a high enough importance on low and stable inflation.
- Politicians have many competing priorities, and may not always place a high enough importance on low and stable inflation.
- Central banks, particularly those with a stated goal of price stability, must act decisively and swiftly in response to inflation to preserve their credibility.
- Central banks, particularly those with a stated goal of price stability, must act decisively and swiftly in response to inflation to preserve their credibility.
- More than anything, the Liberals have been hurt by the affordability crunch as the cost of living reached heights most Canadians have never seen.
- More than anything, the Liberals have been hurt by the affordability crunch as the cost of living reached heights most Canadians have never seen.
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