July 12, 2023
Posts
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July 12, 2023
Monetary Policy Report – July 2023
Inflation in Canada and around the world has been coming down. The Bank projects that inflation will stay around 3% for the next year, returning to the 2% target by the middle of 2025. -
July 12, 2023
Bank of Canada interest rate announcement and release of the Monetary Policy Report
On Wednesday, July 12, 2023, 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. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision. -
June 30, 2023
Exploring global value and supply chains
The things we buy come out of complex production chains that span the globe. Understanding these connections is crucial for today's economies. -
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June 30, 2023
Quarterly Research Update – 2023 Q2
This newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. -
June 30, 2023
CARR releases its recommendations for legacy securities tied to CDOR
Today, the Canadian Alternative Reference Rate working group (CARR) published its paper on legacy securities linked to CDOR (i.e. securities referencing CDOR that mature after CDOR’s cessation). -
Global Demand and Supply Sentiment: Evidence from Earnings Calls
This paper quantifies global demand, supply and uncertainty shocks and compares two major global recessions: the 2008–09 Great Recession and the COVID-19 pandemic. We use two alternate approaches to decompose economic shocks: text mining techniques on earnings calls transcripts and a structural Bayesian vector autoregression model. -
June 30, 2023
The Bank of Canada releases the second quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations
On Friday, June 30, 2023, the Bank of Canada will release the second quarter issue of the Business Outlook Survey and the Canadian Survey of Consumer Expectations. -
June 30, 2023
Business Outlook Survey—Second Quarter of 2023
Results from the Business Outlook Survey for the second quarter of 2023, along with those from the April, May and June 2023 Business Leaders’ Pulse surveys, suggest that capacity pressures remain elevated and expectations of significant price increases continue to be widespread. Firms anticipate that sales growth will begin to moderate from exceptionally high rates as signs of greater uncertainty emerge.