BOC Wilkins said overshooting inflation approach is worth considering

Final comments from Bank of Canada Senior Deputy Governor Carolyn Wilkins provides at the workshop on mandate renewal in 2021.

• Says that the current framework has garnered a lot of support
• credibility is hard won
• none of the alternative frameworks dominate across all the criteria, some do much better than inflation targeting in some circumstances
• can't have it all and trade-offs will need to be made