Posts

• March 20, 2024

  Summary of Governing Council deliberations: Fixed announcement date of March 6, 2024

  This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on March 6, 2024.

  Content Type(s): Publications, Summary of deliberations
• March 20, 2024

  CFEC Meeting (March 20, 2024)

  Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee
• March 18, 2024

  Bank of Canada announces the recipients of the 2024 Fellowship Program Awards

  Learn about the recipients of the Fellowship and Governor’s Awards for 2024.

  Content Type(s): Press, Announcements Source(s): Fellowship Program
• March 14, 2024

  Release of the 2023 Bank of Canada FMI Oversight Activities Annual Report

  The Bank of Canada today published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2023 Annual Report.

  Content Type(s): Press, Market notices

• 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