Public support is strong for two per cent inflation target, Bank of Canada says (opens original article in a new tab)

The Bank of Canada states there is strong public support for its two per cent inflation target, with Canadians expressing concerns about living costs and preferring predictable interest rate changes, while noting a disconnect between official inflation data and personal experiences.

• Bank of Canada reports strong public support for its two per cent inflation target
• Canadians expressed concerns about high cost of living and housing affordability
• Public preferred predictable interest rate changes over sudden adjustments
• Many Canadians felt consumer price index did not reflect their shopping experiences