anche secondo il gov bank of canada, l inflazione sarà solo temporanea e cita tre motivi
. https://www.forexlive.com/centralbank/!/macklem-qa-20210714

 

ritiene che i colli di bottiglia potrebbro pero' rendere piu lento il rientro
permangono inoltre delle incertezze su questo trend dell inflazione quindi tengono alta la guardia

 

intanto continuano a ridurre gli stimoli all economia

ecco un estratto delle dichiarazioni della bank of canada

• Three reasons for temporary inflation: 1) breakdown of individual items driving inflation shows temporary issues 2) slack in economy 3) survey evidence of firms on pricing
• Cites supplychain bottlenecks as a new factor that will prolong temporary inflation
• Notes that long-term inflation expectations have not moved higher
• Of course there is some uncertainty about inflation and we will be watching the evolution very carefully
• We've seen some moderation in housing and we expect more gradual moderation
• "Now that people can go to a restaurant, will they still want a bigger kitchen? We'll see"
• If Canadian dollar were to move higher than forecast it would put competitive pressure on exports
• If wage growth runs well ahead of productivity that would be a concern but we're not seeing it yet
• Will hold rates at lower bound until output gap closes (forecast is H2 2022)
• Our outlook is 'not really that different' from April
• After QE net buys end, we will enter phase where balance sheet kept flat in 'reinvestment phase'
• Measures of long-term unemployment are 'very high'
• We think effect of jobs market scaring will be less than anticipated six months ago
• We don't just look at level of Canadian dollar, we look at why it's higher