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Bank of Canada aims to hit 2 pct inflation target

Thu May 1, 2008 10:15pm IST
 
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OTTAWA, May 1 (Reuters) - Bank of Canada Governor Mark Carney said on Thursday the central bank intends to hit its 2 percent inflation target despite food inflation.

Carney, speaking to the Senate banking committee, said Canada's food price inflation is almost unique in the world at a low 2.5 percent. (Reporting by Frank Pingue; editing by Peter Galloway)

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