"Transitory" an inaccurate description of current inflation spike – former BoC governor - NewsBreak
By Vivian in Business
Updated 3 years ago
Former Bank of Canada Governor Stephen Poloz said that the term "transitory" used to describe the current inflation spike is misleading, and instead is setting up unrealistic expectations on the Canadian economy's near-future prospects. "The word 'transitory' sounds really short to people," Poloz said in an interview with BNN Bloomberg....