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{
    "time": "2022-03-03 15:55:00",
    "attribution": {
        "en": "Mr. Tiff Macklem",
        "fr": "M. Tiff Macklem"
    },
    "content": {
        "en": "<p data-HoCid=\"7012952\" data-originallang=\"fr\">Yes, I'm hopeful, but it will take time. We have the tools, but it will take time to moderate spending growth and to reduce inflation.</p>\n<p data-HoCid=\"7012953\" data-originallang=\"fr\">As you just said, we've had an inflation target since 1991. Since 1995, that target has been 2%. Since then, the average inflation rate has been very close to 2%. There have been fluctuations, but we've always come back to a 2% inflation rate.</p>\n<p data-HoCid=\"7012954\" data-originallang=\"fr\">The current inflation rate is the highest that we've seen since we set an inflation target. However, since then, we've also been experiencing a pandemic for the first time. It's a unique situation.</p>\n<p data-HoCid=\"7012955\" data-originallang=\"fr\">Overall, I'm hopeful.</p>",
        "fr": "<p data-HoCid=\"7012952\" data-originallang=\"fr\">Oui, j'ai bon espoir, mais cela va prendre du temps. Nous avons les outils, mais il faudra du temps pour mod\u00e9rer la croissance des d\u00e9penses et pour diminuer l'inflation.</p>\n<p data-HoCid=\"7012953\" data-originallang=\"fr\">Comme vous venez de le mentionner, depuis 1991, nous avons une cible en mati\u00e8re d'inflation. Depuis 1995, cette cible est de 2 %. Depuis ce temps, le taux d'inflation moyen est tr\u00e8s pr\u00e8s de 2 %. Il y a eu des fluctuations, mais nous sommes toujours revenus \u00e0 un taux d'inflation de 2 %.</p>\n<p data-HoCid=\"7012954\" data-originallang=\"fr\">En effet, le taux d'inflation actuel est le plus \u00e9lev\u00e9 que nous avons vu depuis que nous avons fix\u00e9 une cible en mati\u00e8re d'inflation. Cependant, depuis ce temps, c'est aussi la premi\u00e8re fois que nous avons connu une pand\u00e9mie. Il s'agit d'une situation unique.</p>\n<p data-HoCid=\"7012955\" data-originallang=\"fr\">Somme toute, j'ai bon espoir.</p>"
    },
    "url": "/committees/finance/44-1/24/tiff-macklem-9/",
    "politician_url": null,
    "politician_membership_url": null,
    "procedural": false,
    "source_id": "11557477",
    "document_url": "/committees/finance/44-1/24/",
    "related": {
        "document_speeches_url": "/speeches/?document=%2Fcommittees%2Ffinance%2F44-1%2F24%2F"
    }
}