Inflation and prices

• July 12, 2017

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Stephen S. Poloz, Carolyn A. Wilkins Ottawa, Ontario

  Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Inflation and prices, Interest rates, Labour markets, Monetary policy, Monetary policy implementation, Recent economic and financial developments
• June 12, 2017

  Canadian Economic Update: Strength in Diversity

  Remarks Carolyn A. Wilkins The Associates of the Asper School of Business Winnipeg, Manitoba

  Senior Deputy Governor Carolyn A. Wilkins talks about encouraging signs that growth is broadening across Canada’s regions and sectors.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Inflation and prices, Labour markets, Monetary policy, Recent economic and financial developments, Regional economic developments, Sectoral balance sheet

• Downward Nominal Wage Rigidity, Inflation and Unemployment: New Evidence Using Micro‐Level Data

  Staff Analytical Note 2017-6 Dany Brouillette, Natalia Kyui

  Recent evidence suggests that the extent of downward nominal wage rigidity (DNWR) in the Canadian labour market has risen following the 2008–09 recession (see Brouillette, Kostyshyna and Kyui 2016).

  Content Type(s): Staff research, Staff analytical notes Topic(s): Econometric and statistical methods, Inflation and prices, Labour markets JEL Code(s): E, E2, E24, E3, E31, J, J3, J30
• March 21, 2017

  Getting Down to Business: Investment and the Economic Outlook

  Remarks Lawrence L. Schembri Greater Vancouver Board of Trade Vancouver, British Columbia

  Deputy Governor Lawrence Schembri discusses the factors affecting business investment and the implications for the economic outlook.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Domestic demand and components, Inflation and prices, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments
• February 9, 2017

  Getting to the Core of Inflation

  Remarks Lawrence L. Schembri Department of Economics, Western University London, Ontario

  Deputy Governor Lawrence Schembri discusses the uses and measures of core inflation in the conduct of monetary policy.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Central bank research, Inflation and prices, Inflation targets, Monetary policy, Recent economic and financial developments

• Price-Level Dispersion versus Inflation-Rate Dispersion: Evidence from Three Countries

  Staff Working Paper 2017-3 David Fielding, Christopher Hajzler, James (Jim) C. MacGee

  Inflation can affect both the dispersion of commodity-specific price levels across locations (relative price variability, RPV) and the dispersion of inflation rates (relative inflation variability, RIV). Some menu-cost models and models of consumer search suggest that the RIV-inflation relationship could differ from the RPV-inflation relationship.

  Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices JEL Code(s): E, E3, E31, E5, E50
• January 18, 2017

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Stephen S. Poloz, Carolyn A. Wilkins Ottawa, Ontario

  Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Fiscal policy, Inflation and prices, Monetary policy, Monetary policy and uncertainty, Potential output, Recent economic and financial developments

• Comparing Forward Guidance and Neo-Fisherianism as Strategies for Escaping Liquidity Traps

  Staff Analytical Note 2016-16 Robert Amano, Thomas J. Carter, Rhys R. Mendes

  What path should policy-makers select for the nominal rate when faced with a liquidity trap during which the effective lower bound binds?

  Content Type(s): Staff research, Staff analytical notes Topic(s): Central bank research, Economic models, Inflation and prices, Interest rates, Monetary policy framework, Monetary policy transmission JEL Code(s): E, E4, E5
• October 24, 2016

  Renewal of the Inflation-Control Target (October 2016)

  Commentary and technical data relating to the 2016 target renewal.

  Content Type(s): Background materials Topic(s): Inflation and prices, Monetary policy
• October 19, 2016

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Stephen S. Poloz, Carolyn A. Wilkins Ottawa, Ontario

  Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Housing, Inflation and prices, Interest rates, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments