October 2, 2020 CORRA Advisory Group: Terms of Reference As per the Bank of Canada methodology for calculating CORRA, the CORRA Advisory Group (CAG) has been established to advise the Bank’s CORRA Oversight Committee on any potential adjustments to the CORRA methodology, stemming from changes in repo market functioning and from any emerging methodology issues, as well as on any changes undertaken as part of regular methodology reviews.
October 2, 2020 CORRA Advisory Group Find out about our mandate, access our meetings and membership, or contact us.
October 1, 2020 Background information on foreign exchange rates Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website.
October 1, 2020 Background information on foreign exchange rates Learn about the publication of, and calculation methodology for, the foreign exchange (FX) rate data on the Bank of Canada’s website. Content Type(s): Background materials Topic(s): Exchange rates
September 30, 2020 Interim RPAC Meeting (September 30, 2020) Topic: Significant changes and incidents Content Type(s): Meetings Source(s): Retail Payments Advisory Committee
September 30, 2020 Research Update - September 2020 This monthly 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. Content Type(s): Staff research, Research newsletters
Interbank Asset-Liability Networks with Fire Sale Management Staff Working Paper 2020-41 Zachary Feinstein, Grzegorz Halaj Raising liquidity when funding is stressed creates pressure on the financial market. Liquidating large quantities of assets depresses their prices and may amplify funding shocks. How do banks weathering a funding crisis contribute to contagion risk? Content Type(s): Staff research, Staff working papers Topic(s): Financial stability, Financial system regulation and policies, Payment clearing and settlement systems JEL Code(s): C, C6, C62, C63, C7, C72, G, G0, G01, G1, G11
Forward Guidance and Expectation Formation: A Narrative Approach Staff Working Paper 2020-40 Christopher S. Sutherland How exactly does forward guidance influence interest rate expectations? Content Type(s): Staff research, Staff working papers Topic(s): Central bank research, Monetary policy, Monetary policy communications, Monetary policy transmission JEL Code(s): D, D8, D83, D84, E, E3, E37, E5, E52, E58
September 23, 2020 Conference on Diversity and Inclusion in Economics, Finance, and Central Banking Jointly sponsored by the Bank of Canada, Bank of England, European Central Bank and Federal Reserve Board, the conference was held on September 23 and 24, 2020 at the Board of Governors of the Federal Reserve System. Content Type(s): Conferences and workshops