The decline in safe real interest rates over the past three decades has reignited discussions on the neutral real interest rate, known as R*. We address the determinants and estimation methods of R*, as well as the factors influencing its decline and its future trajectory.
The Bank of Canada is planning to restart later this year its securities lending program (SLP) which is designed to support the liquidity of Government of Canada (GoC) securities markets.
On Wednesday, April 24, 2024, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on April 10, 2024.
As is customary, Tiff Macklem, Governor of the Bank of Canada, will today hold a virtual roundtable with journalists from the sidelines of the IMF-World Bank Spring meetings in Washington, DC.