OTTAWA, Sept 20 (Reuters) - The Bank of Canada on Tuesday said inflation remained "too high" even as data showed price pressures were easing off peak levels, and pledged to continue to do whatever was needed to bring it back to target.
While we're headed in the right direction, that's still too high," Beaudry said in prepared remarks provided ahead of the speech.
Inflation slowed again in August, though at 7.0% it remains well above target.
The three core measures of inflation, which taken together are seen as a better indicator of underlying price pressures, also eased slightly.
(Reporting by Julie Gordon, editing by David Ljunggren)((Reuters Ottawa bureau, + 1 647 480 7921; david.ljunggren@tr.com))Register now for FREE unlimited access to Reuters.com RegisterOur Standards: The Thomson Reuters Trust Principles.