Mark Carney - Latest

• June 27, 2008

  Flexibility versus Credibility in Inflation-Targeting Frameworks

  Remarks Mark Carney 7th BIS Annual Conference Lucerne, Switzerland

  There are two broad classes of arguments for greater flexibility in the design and application of monetary policy frameworks. The BIS has done a great deal of useful work on asset-price targeting in particular and on the complicated interplay between monetary policy and financial stability in general.

  Content Type(s): Press, Speeches and appearances, Remarks
• June 19, 2008

  Capitalizing on the Commodity Boom: the Role of Monetary Policy

  Remarks Mark Carney Haskayne School of Business Calgary, Alberta

  We are experiencing a commodity super cycle. Throughout the current boom, the scale of price increases has been higher, and the range of affected commodities broader, than in previous upturns. Since 2002, grain and oilseed prices have more than doubled, base metals prices have tripled, and oil prices have quadrupled.

  Content Type(s): Press, Speeches and appearances, Remarks