 [17] It would be naive to believe that politicians would then relinquish their influence over the central bank or give precedence to the objective of price stability over their own agenda. That is why independent monetary policymakers with a clear mandate remain a key foundation on which to ensure price stability in the future as well.
David Dodge: The importance of appropriate exchange rate regimes Remarks by Mr David Dodge, Governor of the Bank of Canada, at the 46th ACI Financial Markets Association World Congress, Montreal, Quebec, 4 May 2007. *  *  *  Thank you and good morning.