The Bank of Canada’s new mandate keeps at its heart a two per-cent annual inflation rate.

However, when setting its trendsetting interest rate, Canada’s central bank will now also consider the health of the job market as part of its inflation-targeting regime.

Anne Gaviola explains what that means for Canadians and their wallets.

For more info, please go to https://globalnews.ca/news/8446306/bank-of-canada-new-mandate-inflation-housing/
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