May 9, 2024 Framework for assessing financial stability Bank staff conduct analysis and research to identify and mitigate systemic risks that might impair the functioning of the financial system. The results are published once a year in the Financial Stability Report.
May 6, 2024 Bank of Canada updates progress on new $20 note Media Relations Ottawa, Ontario On the first anniversary of the coronation of His Majesty King Charles III, the Bank of Canada issued a progress update on designing a new $20 bank note. Content Type(s): Press, Press releases
Preferences, Monetary Policy and Household Inflation Staff Working Paper 2024-45 Geoffrey R. Dunbar I quantify the importance of changes in household preferences on household inflation rates using 11 years of scanner data for 11,000 US households. My results suggest that changes in household preferences are an important driver of inflation dynamics at the household level. Content Type(s): Staff research, Staff working papers Research Topic(s): Inflation and prices, Monetary policy transmission JEL Code(s): D, D1, D12, E, E5, E52, E58
How Do Households Respond to Expected Inflation? An Investigation of Transmission Mechanisms Staff Working Paper 2024-44 Janet Hua Jiang, Rupal Kamdar, Kelin Lu, Daniela Puzzello We conduct surveys to study how consumer spending responds to higher inflation expectations. Most respondents spend the same, sticking to fixed budget plans or not considering inflation for spending decisions. About 20% decrease spending because they feel poorer and cut spending to invest in inflation-proof assets. Very few increase spending. Content Type(s): Staff research, Staff working papers Research Topic(s): Central bank research, Inflation and prices, Inflation targets, Monetary policy, Monetary policy transmission JEL Code(s): D, D1, D15, D8, D84, E, E2, E5, E52, E7
November 12, 2024 CFEC Meeting (November 12, 2024) Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee
November 15, 2024 Quarterly Financial Report - Third Quarter 2024 Quarterly Financial Report - Third Quarter 2024 - For the period ended September 30, 2024, unaudited Content Type(s): Publications, Quarterly Financial Report
November 5, 2024 Summary of Governing Council deliberations: Fixed announcement date of October 23, 2024 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on October 23, 2024. Content Type(s): Publications, Summary of deliberations
November 7, 2024 Bank of Canada webcasts The John Kuszczak Memorial Lecture On Thursday, November 7, 2024, the Bank of Canada will host its annual economic conference. This year’s theme is “Frontiers of Monetary Policy Design”. Academics, policy-makers, private sector economists and representatives from policy think tanks will be among those in attendance. Content Type(s): Press, Media advisories
November 6, 2024 Speech by Carolyn Rogers, Senior Deputy Governor of the Bank of Canada On Wednesday, November 6, 2024, Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, will speak before the Economic Club of Canada. Content Type(s): Press, Media advisories
October 25, 2024 Media roundtable with Governor Macklem As is customary, Tiff Macklem, Governor of the Bank of Canada, held today a virtual roundtable with journalists from the sidelines of the IMF meetings in Washington, DC. Content Type(s): Press, Media advisories