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faster price growthBNN
•77% Informative
The Bank of Canada Governor Tiff Macklem said strong investment in AI is boosting demand.
He said the productivity gains of artificial intelligence adoption will increase supply and potential growth in the long run.
The speech made no reference to the near term outlook for interest rates in Canada .
Yearly price pressures hit the central bank’s 2% target in August .
VR Score
87
Informative language
92
Neutral language
64
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semi-formal
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English
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57
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