November 15, 2017
Bank of Canada and Bank of Korea sign currency swap agreement
The Bank of Canada and the Bank of Korea today announced a standing bilateral liquidity swap arrangement, effective immediately.
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November 7, 2017
Fundamental forces continue to drive inflation as economy evolves, Bank of Canada Governor Poloz says
MONTRÉAL, QUEBEC—The fundamental forces that have always driven inflation will continue to do so, even as the global economy evolves, Bank of Canada Governor Stephen S. Poloz said today. In a speech to CFA Montréal and the Montreal Council on Foreign Relations, Governor Poloz challenged the idea that recent softness in inflation in many advanced […]
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November 7, 2017
Understanding Inflation: Getting Back to Basics
Governor Stephen S. Poloz discusses how recent weak inflation in Canada and other economies can be explained by fundamental factors.
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Topic(s):
Econometric and statistical methods,
Economic models,
Inflation and prices,
Labour markets,
Monetary policy,
Monetary policy implementation
November 3, 2017
Statement on the Nomination of a New Federal Reserve Chair
The Bank of Canada congratulates Jerome Powell on his nomination as the new Chair of the Board of Governors of the Federal Reserve System.
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November 1, 2017
Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce
Opening statement
Stephen S. Poloz
Standing Senate Committee on Banking, Trade and Commerce
Ottawa, Ontario
Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are pleased to be back before you today to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. When we were last here in April, we were celebrating the fact that we had upgraded our economic forecast following a […]