this post was submitted on 17 Oct 2023
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I don't understand what's your point here. I didn't meant that 3% is a great inflation to have forever, I just said that going from 4% to 3.8% is good because the target is 3%. BoC meeting its targets is the good economic indicator. It's a single indicator, not synonym of a perfect economy, and a great economy doesn't translate into great society/QoL either.