I wouldn't call it stagflation.
Growth is weak. In fact, we actually need this period of weak growth to let supply catch up—
On February 1st, 2024. See this statement in context.
February 1st, 2024 / 11:40 a.m.
Governor, Bank of Canada
I wouldn't call it stagflation.
Growth is weak. In fact, we actually need this period of weak growth to let supply catch up—
See context to find out what was said next.