2 More Years to Bring Down Inflation, Says Bank of Canada Deputy Governor

2 More Years to Bring Down Inflation, Says Bank of Canada Deputy Governor
The Bank of Canada building is seen in Ottawa on April 15, 2020. The Canadian Press/Adrian Wyld
Noé Chartier
Updated:
0:00

It will take about two years to bring inflation and interest rates back to pre-pandemic levels, a Bank of Canada deputy governor says.

Paul Beaudry made the comments while speaking to University of Waterloo students in a lecture on the topic “Pandemic macroeconomics: What we’ve learned, and what may lie ahead,” on Sept. 20.

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