Bank of Canada says it must communicate clearly on inflation - newspaper
Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo
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(Reuters) - The Bank of Canada's senior deputy governor, Carolyn Rogers (NYSE:ROG), says the current period of high inflation has focused the central bank's efforts to communicate clearly and concisely, the Globe and Mail newspaper reported late on Friday.
The Bank of Canada has been trying to simplify its public outreach for a number of years, publishing videos and plain-language explainers of monetary policy.
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