Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Bank of Canada admits failure in clearly communicating pandemic policies and inflation forecasts.

flag The Bank of Canada's internal review reveals it fell short in clearly communicating its pandemic-related measures, particularly regarding the exit strategy from extraordinary actions. flag The bank underestimated the inflation strength in 2021 and 2022 and plans to improve future communication, especially around large-scale asset purchases and forward guidance on interest rates. flag The review also highlighted several factors contributing to inflation, including the pandemic's unique impacts, Russia's invasion of Ukraine, and changes in consumer behavior.

42 Articles