David Dodge appeared live on BNN Bloomberg to discuss Canada's "not unexpected" rising rate of inflation, as reported in April 2021's Consumer Price Index. He talked about what's happening in the economy now and how the Bank of Canada will monitor underlying developments in wages, costs and inflationary expectations.
David also spoke about the benefits of the Bank of Canada's inflation targeting strategy, particularly monetary policy’s unique focus on aiming to return inflation to the 2 percent target.