MNI: Dropping BOC Max Job Mandate Clause Good Idea-Ex Advisors

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Nov-06 15:39By: Greg Quinn
CanadaTiff MacklemFrancois-Philippe ChampagneMark Carney+ 1

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The removal from its new five-year mandate of language allowing the Bank of Canada to seek maximum employment at times when inflation is under control undoes a previous mis-step and should improve performance at a time of stubborn prices, some former...