You cannot guarantee it, but it is consistent with it.
As I said in my remarks, the experience of inflation targeting has coincided with the second-longest expansion in our history and low volatility around output and interest rates.
On December 5th, 2007. See this statement in context.
December 5th, 2007 / 4:50 p.m.
Adviser to the Governor, Bank of Canada
You cannot guarantee it, but it is consistent with it.
As I said in my remarks, the experience of inflation targeting has coincided with the second-longest expansion in our history and low volatility around output and interest rates.
See context to find out what was said next.