a personal opinion, one or two paragraphs (minimum 200 words) about INFLATION and INFLATIONARY EXPECTATIONS in the monetary policy for 2022-2023. Your comment does not necessarily need to be technical, but some serious thinking

The Bank of Canada announced Wednesday that it will increase its benchmark interest rate by a full percentage point, taking a larger than expected hike to tame decades-high levels of inflation. Bank of Canada Governor Tiff Macklem addressed the decision during a press conference Wednesday morning.

TheBank of Canadahas increased its benchmarkinterest rateby a full percentage point, taking a larger than expected hike to tame decades-high levels ofinflation.

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