Beyond tightening, where is the end point of the Bank of Canada’s monetary policy?

News Snapshot:

Open this photo in gallery: The Bank of Canada building in downtown Ottawa.Sean Kilpatrick/The Canadian Press Jeremy Kronick is associate vice-president, and director of the Centre on Financial and Monetary Policy at the C.D. Howe Institute, where Steve Ambler, a professor of economics, University of Quebec at Montreal, is the David Dodge Chair in Monetary Policy. The Bank of Canada once again held its policy rate at 5 per cent on Wednesday, as expected. After two months of disappointment, with the annual change in the Consumer Price Index ticking up in July and August, inflation resumed its descent in September,...