Inflation hit 10.6% in October
Former governor said it's "impossible to say" if the Bank of Canada is overshooting with its rate hikes
Some U.S. central bank officials encouraged by falling commodity prices, unclogging supply chain
Scotia sees price pressures persisting even as growth slows
James Bullard is a voting member of the Federal Reserve's rate-setting committee
Statistics Canada will release its October inflation report on Wednesday
Faced with choice of inflation or recession, BoC will choose recession
BoC governor said increasing supply in the economy will help ease inflation
Inflation fight is expected to require higher-for-longer interest rates
Policies to promote an increase in workers would help, the Bank of Canada governor said