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flag Bank of Canada plans review of 2% inflation target and housing impacts over next two years.

flag The Bank of Canada is set to review its 2% inflation target and the impact of monetary policy on housing affordability from 2024 to 2026. flag Governor Tiff Macklem emphasized the bank's focus on adapting to economic uncertainties and shocks, including a review of pandemic-related policy actions. flag Macklem also highlighted the need for central banks to maintain public trust amid inflation concerns and outlined priorities for improving economic models and international cooperation.

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