E31 - Price Level; Inflation; Deflation - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T15:41:24+00:00Exploring the potential benefits of inflation overshooting
https://www.bankofcanada.ca/2021/07/staff-analytical-note-2021-16/
After a period with the interest rate at the effective lower bound, temporarily overshooting inflation may offer important economic benefits. This may be especially true for vulnerable segments of the population, such as workers with low attachment to the labour force and the long-term unemployed.2021-07-20T09:26:46+00:00enExploring the potential benefits of inflation overshooting2021-07-20