Washington, D.C.

• March 21, 2005

  Governor Dodge Discusses Canada's Experience with Inflation Targeting

  Media Relations Washington, D.C.

  Bank of Canada Governor David Dodge said today that Canada's experience under inflation targeting has been "unambiguously positive" since the central bank and federal government agreed to adopt this monetary policy framework in 1991.

  Content Type(s): Press, Press releases
• March 21, 2005

  Inflation Targeting: A Canadian Perspective

  Remarks David Dodge National Association for Business Economics Washington, D.C.

  The invitation is timely, given that the Bank of Canada's inflation-targeting agreement with the Canadian government is up for renewal next year. At the Bank, we are always reflecting on our framework, deciding what works well and what we can improve. Against that backdrop, we have watched with interest the debate taking place here in the United States - inside and outside the Federal Reserve - about whether that institution should join the ranks of inflation-targeting central banks.

  Content Type(s): Press, Speeches and appearances, Remarks