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9259 Results

March 3, 2022

Media Availability: CFA Society Toronto

Economic Progress Report — Governor Tiff Macklem takes questions from reporters by videoconference following his remarks (12:45 (ET) approx.).

March 3, 2022

Speech: CFA Society Toronto

Economic Progress Report — Governor Tiff Macklem speaks by videoconference (11:30 (ET) approx.).

March 3, 2022

Economic progress report: Controlling inflation

Remarks (delivered virtually) Tiff Macklem CFA Society Toronto Toronto, Ontario
Bank of Canada Governor Tiff Macklem talks about the Bank’s latest interest rate announcement and what’s driving inflation in Canada. He also discusses how the Bank will manage the next step in the Bank’s balance sheet operations – quantitative tightening.
March 3, 2022

Getting inflation back to target

Speech summary Tiff Macklem CFA Society Toronto Toronto, Ontario
Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to raise its policy interest rate. He explains that after two years of extraordinary stimulus, we are now on a path of rising interest rates.
March 2, 2022

Bank of Canada announces changes to its operations to reinforce its target for the overnight rate

Today the Bank confirmed that monetary policy will continue to be implemented via a floor system where the interest rate on the deposit facility is equal to the target for the overnight rate. To reinforce the Bank’s overnight target rate in a floor system with excess settlement balances, the Bank is also announcing changes to its Overnight Reverse Repo (ORR) operations.
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