The Bank of Canada Tiff Macklem is speaking and says:The bank will not revisit its 2% inflation target for the monetary policy framework review next year.Steep new U.S. tariffs and the unpredictability of U.S. policy have reduced economic efficiency and increased uncertainty.Headwinds that limit supply could mean more upward pressure on inflation going forward.By using scenarios, we were able to take a monetary policy decision that would fit a range of economic outcomes.The Bank of Canada has a tough time with the whack-a-mole tariff policy complicating monetary policy. What we know is 2% inflation target remains. The bias is for higher inflation. This article was written by Greg Michalowski at investinglive.com.