Thank you very much.
Moving on to another topic, I'm referring to an article that was published in the Journal de Montréal three days ago, reporting comments made in an interview that you gave to the CBC. I'm going to discuss that article briefly and then ask you my questions.
The article is entitled, “Bank of Canada pondering no future prime rate hikes”. The first sentence in the article reads as follows: “The Governor of the Bank of Canada believes no further prime rate hikes will be needed to curb inflation across the country.”
Then it cites your remarks, which were translated. What we understand from this is that the rate could remain at its present level for some time. The Bank of Canada might consider lowering the prime rate only if, and I'm quoting your translated remarks, “we see clear evidence that inflation is heading toward the bank's 2% target.” So it won't be before then. However, you say it may no longer be necessary to raise rates.
Do the content of the article and the remarks reported in it reflect your thinking? Would you care to add any comment?