Change the from date on the graph on this site to 1960 tradingeconomics.com/canada/inflation-cpi

Link 2 On the Bank of Canada site, review the following bankofcanada.ca/monetary-policy-introduction/inflation

Link 3 Take note of the "key indicators" on the general Bank of Canada page (on the right), particularly the gauge that targets inflation between 1-3%. bankofcanada.ca

Questions:

1. How does the inflation gauge (at link 3) compare with the graph you generated at the trading economics site (link 1) - has inflation been kept inside the 1-3% range?
2. Using link 1, identify and describe any long-term trends in inflation you notice over the past 50 years.
3. Speculate as to why the inflation pattern has changed.

Answer rating: 100% (QA)

Comparison of Inflation Gauge and Graph from Trading Economics Compare the inflation gauges target r... View the full answer