The Economic Outlook says, "a period of very low growth, but not necessarily a recession, is needed in the second half of 2023 and early 2024 to curb excess demand and bring inflation down . . . getting inflation back to target—for Canada to the middle of the one percent to three percent band—will not be an easy task."
The Economic Outlook says, "a period of very low growth, but not necessarily a recession, is needed in the second half of 2023 and early 2024 to curb excess demand and bring inflation down . . . getting inflation back to target—for Canada to the middle of the one percent to three percent band—will not be an easy task."