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3246 result(s)

September 9, 2020

Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds.
Content Type(s): Press, Press releases
August 26, 2020

Towards the 2021 Renewal of the Bank of Canada’s Monetary Policy Framework (Webcast)

The workshop will take place online and be webcast live. It will consist of a series of lively and thought-provoking discussions. The invited audience includes academics, private sector economists, financial market experts, and representatives from policy think tanks and the media.
August 26, 2020

Closing remarks

Remarks (delivered virtually) Carolyn A. Wilkins Bank of Canada Workshop: “Toward the 2021 Renewal of the Monetary Policy Framework” Ottawa, Ontario
Senior Deputy Governor Carolyn A. Wilkins concluded a day-long workshop on the renewal of the monetary policy framework with a summary of the discussions, and she outlined next steps on the path to the 2021 renewal.
August 26, 2020

Opening remarks

Remarks (delivered virtually) Carolyn A. Wilkins Bank of Canada Workshop: “Toward the 2021 Renewal of the Monetary Policy Framework” Ottawa, Ontario
Senior Deputy Governor Carolyn A. Wilkins discusses the challenges the Bank of Canada is facing as it seeks to renew its inflation-control target in 2021. Kicking off a day-long workshop on the renewal of the monetary policy framework, she explains how the Bank’s research on alternative frameworks is shaping up and invites discussion of how the COVID-19 crisis has changed what is known about alternative policy tools in action.
August 25, 2020

Canadian Association for Business Economics - Speech (Webcasts)

Understanding the gap: the difference between perceived and measured inflation - Deputy Governor Lawrence Schembri of the Bank of Canada speaks by videoconference before the Canadian Association for Business Economics (CABE) (13:30 (ET) approx.).
August 25, 2020

The gap between inflation perceptions and reality

Speech summary Lawrence L. Schembri Canadian Association for Business Economics Kingston, Ontario
Deputy Governor Lawrence Schembri talks about the difference between how Canadians perceive inflation and the actual measured rate, why this gap may exist, and what it could mean for monetary policy and the economy.
August 25, 2020

Perceived inflation and reality: understanding the difference

Remarks (delivered virtually) Lawrence L. Schembri Canadian Association for Business Economics Kingston, Ontario
In a virtual address to the Canadian Association for Business Economics, Deputy Governor Lawrence Schembri discusses the difference between how Canadians perceive inflation and the actual measured rate. He explains why that gap may exist and what it could mean for monetary policy and the economy.
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