September 28, 2018 The benefits of freer trade Stephen Murchison, Alex Chernoff Freer trade lowers prices and boosts economies, yet not everyone benefits equally. Fair policies are essential for balanced growth and widespread prosperity. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Monetary policy, Economic models, Economy/Economic growth
September 28, 2018 Welcome to The Economy, Plain and Simple Donald Coletti The economy starts with you. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Monetary policy, Economy/Economic growth
September 28, 2018 Bank of Canada launches The Economy, Plain and Simple Media Relations Ottawa, Ontario Today, the Bank of Canada launched a new digital publication to help Canadians better understand the economy. Content Type(s): Press, Press releases
September 27, 2018 Canada is seizing opportunities from new digital technology, Governor Poloz says Media Relations Moncton, New Brunswick Canadians are seizing the opportunities provided by the spread of digital technology, Governor Stephen S. Poloz said in a speech today. While people working in disrupted industries need help in order to adapt, the overall benefits of new technology are beyond question, he said. Content Type(s): Press, Press releases
September 27, 2018 Technological Disruption and Opportunity Remarks Stephen S. Poloz Atlantic Provinces Economics Council and Greater Moncton Chamber of Commerce Moncton, New Brunswick Governor Poloz talks about how new digital technologies create opportunities in the economy and affect how the Bank conducts monetary policy. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Fintech, Monetary policy, Economic models, Economy/Economic growth, Inflation
Monetary Policy Uncertainty: A Tale of Two Tails Staff working paper 2018-50 Tatjana Dahlhaus, Tatevik Sekhposyan We document a strong asymmetry in the evolution of federal funds rate expectations and map this observed asymmetry into measures of monetary policy uncertainty. We show that periods of monetary policy tightening and easing are distinctly related to downside (policy rate is higher than expected) and upside (policy rate is lower than expected) uncertainty. Content Type(s): Staff research, Staff working papers JEL Code(s): C, C1, C18, C3, C32, E, E0, E02, E4, E43, E5, E52 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Monetary policy, Monetary policy framework and transmission, Monetary policy tools and implementation, Real economy and forecasting