Posts

• Decomposing Large Banks’ Systemic Trading Losses

  Staff Working Paper 2024-6 Radoslav Raykov

  Do banks realize simultaneous trading losses because they invest in the same assets, or because different assets are subject to the same macro shocks? This paper decomposes the comovements of bank trading losses into two orthogonal channels: portfolio overlap and common shocks.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial stability JEL Code(s): G, G1, G10, G11, G2, G20
• March 6, 2024

  Bank of Canada Media Interview – Reuters

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Reuters.

  Content Type(s): Press, Media advisories
• March 6, 2024

  Bank of Canada Media Interview – Market News International

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Market News.

  Content Type(s): Press, Media advisories
• March 6, 2024

  Bank of Canada maintains policy rate, continues quantitative tightening

  Media Relations Ottawa, Ontario

  The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%.

  Content Type(s): Press, Press releases
• March 6, 2024

  Monetary Policy Decision Press Conference Opening Statement

  Opening statement Tiff Macklem Ottawa, Ontario

  Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision.

  Content Type(s): Press, Speeches and appearances, Opening statements
• March 6, 2024

  Bank of Canada Interest Rate Announcement

  On Wednesday, March 6, 2024, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision.

  Content Type(s): Press, Media advisories
• March 6, 2024

  Reuters

  

  Tiff Macklem, Governor of the Bank of Canada
  Interview with Reuters

  Content Type(s): Press, Media activities