Explainers

• August 13, 2020

  Understanding inflation

  Inflation is a persistent rise in the average level of prices over time.

  Content Type(s): Explainers Subject(s): Monetary policy, Inflation, Inflation targeting framework
• August 13, 2020

  Understanding exchange rates

  The foreign exchange market determines how much the Canadian dollar is worth. At the Bank of Canada, we very rarely intervene to support its value.

  Content Type(s): Explainers Subject(s): Monetary policy, Economy/Economic growth, Inflation