January 27, 2009
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January 27, 2009
Inflation Targeting in a Global Recession
These are challenging times, indeed. We are facing a financial crisis without comparison for generations. Most financial markets have experienced historic declines in prices and unprecedented spikes in volatility.
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January 22, 2009
Bank of Canada releases Monetary Policy Report Update
In the Update, the Bank noted that the outlook for the global economy has deteriorated since the October Monetary Policy Report, with the intensifying financial crisis spilling over into real economic activity.
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January 22, 2009
Release of the Monetary Policy Report Update
The outlook for the global economy has deteriorated since the October Monetary Policy Report, with the intensifying financial crisis spilling over into real economic activity.
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Speeches and appearances,
Opening statements
January 20, 2009
Bank of Canada lowers overnight rate target by 1/2 percentage point to 1 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1 per cent.
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Press releases