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9273 Results

Understanding Post-COVID Inflation Dynamics

Staff Working Paper 2022-50 Martin Harding, Jesper Lindé, Mathias Trabandt
We propose a macroeconomic model with a nonlinear Phillips curve that has a flat slope when inflationary pressures are subdued and steepens when inflationary pressures are elevated. Our model can generate more sizable inflation surges due to cost-push and demand shocks than a standard linearized model when inflation is high.
December 12, 2022

Media Availability: Business Council of British Columbia

End-of-year speech — Governor Tiff Macklem takes questions from reporters following his remarks (17:00 (ET) approx.).

December 12, 2022

Speech: Business Council of British Columbia

End-of-year speech — Governor Tiff Macklem takes part in a fireside chat hosted by the Business Council of British Columbia (15:40 (ET) approx.).

December 12, 2022

Putting the resolute in resolutions: Looking ahead to lower inflation

Remarks Tiff Macklem Business Council of British Columbia Vancouver, British Columbia
Bank of Canada Governor Tiff Macklem discusses the important lessons from 2022 and explains what the Bank is doing to restore price stability for Canadians.
December 12, 2022

Reflections on 2022

Speech summary Tiff Macklem Business Council of British Columbia Vancouver, British Columbia
Governor Tiff Macklem discusses the important lessons from events in 2022 and what the Bank is doing to restore price stability for Canadians.
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