Bank of Canada Warns Against Inflation
This is a news story, published by financialpost, that relates primarily to Rhys Mendes news.
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•Bank of Canada deputy warns pushing inflation below 2% comes with big risks
74% Informative
The Bank of Canada is warning against inflation falling below the central bank’s two per cent target.
Rhys Mendes says inflation could lead to a deflationary cycle and pose a big risk to the economy.
Mendes said in order for inflation to remain below 2% , the bank would have to keep the policy rate where it is now at 3.75% .
VR Score
80
Informative language
79
Neutral language
69
Article tone
informal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5