March 12, 2003
News
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March 12, 2003
Meeting Global Challenges: The Importance of Sound Economic Policies
We are facing a time of great economic and political uncertainty. While economic activity is close to potential in Canada, most other countries are facing very weak demand and lacklustre economic prospects. And, of course, there is the overriding prospect of a war in Iraq. -
March 4, 2003
Bank of Canada raises overnight rate target by 1/4 percentage point to 3 per cent
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 per cent. -
February 26, 2003
Bank of Canada Announces First Research Fellowship Awards
The Bank of Canada today announced the first two fellowship awards for 2003 under its Fellowship Program launched late last year. -
January 29, 2003
Monetary Policy Protects Canada from Persistent Inflation and Deflation, Governor Says
In a speech to the Speakers Forum, Bank of Canada Governor David Dodge said today that Canada's macroeconomic policy framework is protecting the economy from both persistently high inflation and the threat of deflation. -
January 29, 2003
Monetary Policy: Meeting the Challenges of an Uncertain World
I'll discuss what's happening to prices in the economy and how Canada's macroeconomic policy framework protects it from the risks of persistent inflation or deflation. Finally, I will update our outlook for the Canadian economy. -
January 23, 2003
Bank of Canada releases Monetary Policy Report Update
The Bank of Canada today released its Update to the October Monetary Policy Report. -
January 23, 2003
Release of Monetary Policy Report Update
Core inflation has been higher than anticipated in recent months. This reflects not only a stronger-than-expected increase in premiums for auto and home insurance, but also some broadening of price pressures resulting from strong demand in the economy. -
January 21, 2003
Bank of Canada keeps target for the overnight rate at 2 3/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 3/4 per cent. -
January 13, 2003
Senior Deputy Governor Malcolm Knight appointed new General Manager of the Bank for International Settlements
The Board of Directors of the Bank for International Settlements (BIS), based in Switzerland, announced today the appointment of Malcolm Knight as the new General Manager of the BIS, beginning in April 2003.