A change to the Bank of Canada's mandate represents an undervalued risk
The bank maintained its guidance that rates aren't expected to rise until sometime between April and September
Inflation, economic recovery and job market seen to be driving the Fed
Powell also elevated inflation-fighting as a more urgent priority than supporting job growth
For now, omicron hasn't much affected the Fed's economic outlook
The governor said the central bank can play a key role in fostering economic reconciliation
Efforts to contain inflation will constitute the stiffest test
A CIBC report looks at labour trends and central bank policy
The inflation spike is affecting consumers, the Biden administration and central banks
The pandemic has made it harder to assess the job market and inflationary pressures