Posts

• Canada’s Beveridge curve and the outlook for the labour market

  Staff Analytical Note 2022-18 Alexander Lam

  Canada’s labour market is tight but beginning to ease. Unemployment will likely rise in turn, but the economy can avoid a recessionary surge given current conditions. Higher unemployment would nonetheless be material, especially for those directly impacted.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Business fluctuations and cycles, Central bank research, Labour markets, Recent economic and financial developments JEL Code(s): E, E3, E32, J, J2, J20, J6, J63, J64
• November 16, 2022

  CFEC Meeting (November 16, 2022)

  CIBC Capital Markets

  Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee
• November 14, 2022

  Remarks by Tiff Macklem, Governor of the Bank of Canada

  On Monday, November 14, and Tuesday, November 15, 2022, the Bank of Canada will host the fourth annual Conference on Diversity, Equity and Inclusion in Economics, Finance and Central Banking, a joint conference of the Bank of Canada, the Bank of England, the European Central Bank and the Federal Reserve Board.

  Content Type(s): Press, Media advisories
• November 14, 2022

  Opening remarks

  Remarks Tiff Macklem Conference on Diversity, Equity and Inclusion in Economics, Finance and Central Banking Ottawa, Ontario

  Governor Tiff Macklem speaks about the need to make economics, finance and central banking more diverse and inclusive.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Inflation and prices, Labour markets
• November 14, 2022

  Conference on Diversity, Equity and Inclusion in Economics, Finance and Central Banking

  Conference held on November 14 and 15, 2022.

  Content Type(s): Conferences and workshops
• November 10, 2022

  Getting back to stable prices and a balanced jobs market

  Speech summary Tiff Macklem Public Policy Forum Toronto, Ontario

  Governor Tiff Macklem discusses the relationship between inflation and employment and how the Bank of Canada is working to cool an overheated economy.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Central bank research, Coronavirus disease (COVID-19), Domestic demand and components, Expectations, Inflation and prices, Interest rates, Labour markets, Monetary policy, Monetary policy framework, Potential output, Price stability, Productivity, Recent economic and financial developments
• November 10, 2022

  Bank of Canada Media Interview – CBC News

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to CBC News. The interview will be available today on The World at Six at 6 pm (ET), The National at 10 pm (ET) and on CBC.ca. 

  Content Type(s): Press, Media advisories
• November 10, 2022

  Speech by Tiff Macklem, Governor of the Bank of Canada

  On Thursday, November 10, 2022, Tiff Macklem, Governor of the Bank of Canada, will speak before the Public Policy Forum.

  Content Type(s): Press, Media advisories
• November 10, 2022

  Restoring labour market balance and price stability

  Remarks Tiff Macklem Public Policy Forum Toronto, Ontario

  Governor Tiff Macklem outlines the link between high inflation and tight labour markets. He explains how the Bank is working to rebalance the labour market and discusses how structural changes may influence the supply of workers in Canada.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Central bank research, Coronavirus disease (COVID-19), Domestic demand and components, Expectations, Inflation and prices, Interest rates, Labour markets, Monetary policy, Monetary policy framework, Potential output, Price stability, Productivity, Recent economic and financial developments

• Stagflation and Topsy-Turvy Capital Flows

  Staff Working Paper 2022-46 Julien Bengui, Louphou Coulibaly

  Unregulated capital flows are likely excessive during a stagflation episode, owing to a macroeconomic externality operating through the economy’s supply side. Inflows raise domestic wages and cause unwelcome upward pressure on firm costs, yet market forces likely generate such inflows. Optimal capital flow management instead requires net outflows.

  Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices, International financial markets, International topics, Monetary policy JEL Code(s): D, D6, D62, E, E5, E52, F, F3, F32, F38, F4, F41