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Macklem: Flexible Inflation Targeting and “Good” and “Bad” Disinflation
Good afternoon. I want to particularly thank Professor Switzer for inviting me to speak here at the John Molson School of Business. I grew up in Montréal and this occasion is a sort of a closing of a circle for me. My first speech as Senior Deputy Governor was here in Montréal and this will be my last. In a few months, I will be joining another outstanding business school - the Joseph L. Rotman School of Management. So speaking to business students here in Montréal is a nice bridge from my past to my future. I want to use this opportunity to discuss a topic that is at the heart of the Bank of Canada’s mission: ... (full story)