Abstract
In early 1991 the Bank of Canada and the Government of Canada jointly announced targets for reducing the rate of inflation. Canada thus joined New Zealand in employing a formal target path for inflation reduction as an important tactical element to aid in the achievement of the objective of price stability.
The views expressed are those of the author and do not necessarily represent those of the Bank of Canada.
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© 1994 Springer Science+Business Media Dordrecht
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Freedman, C. (1994). Formal Targets for Inflation Reduction: The Canadian Experience. In: De Beaufort Wijnholds, J.O., Eijffinger, S.C.W., Hoogduin, L.H. (eds) A Framework for Monetary Stability. Financial and Monetary Policy Studies, vol 27. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-0850-8_3
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DOI: https://doi.org/10.1007/978-94-011-0850-8_3
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