Monetary and financial indicators - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-28T19:55:58+00:00How to Improve Inflation Targeting at the Bank of Canada
https://www.bankofcanada.ca/2002/09/working-paper-2002-23/
This paper shows that if the Bank of Canada is optimally adjusting its monetary policy instrument in response to inflation indicators to target 2 per cent inflation at a two-year horizon, then deviations of inflation from 2 per cent represent the Bank's forecast errors, and should be uncorrelated with its information set, which includes two-year lagged values of the instrument and the indicators. Positive or negative correlations are evidence of systematic errors in monetary policy.2002-09-01T10:27:39+00:00enHow to Improve Inflation Targeting at the Bank of Canada2002-09-01Inflation targetsMonetary and financial indicatorsMonetary policy implementationWorking Paper 2002-23 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp02-23.pdfHow to Improve Inflation Targeting at the Bank of CanadaNicholas RoweSeptember 2002EE5Information and Analysis for Monetary Policy: Coming to a Decision
https://www.bankofcanada.ca/wp-content/uploads/2010/06/macklem_e.pdf
This article outlines one of the Bank's key approaches to dealing with the uncertainty that surrounds decisions on monetary policy: the consideration of a wide range of information from a variety of sources. More specifically, it describes the information and analysis that the monetary policy decision-makers—the Governing Council of the Bank of Canada—receive in the two or three weeks leading up to a decision on the setting of the policy rate—the target overnight interest rate. The article also describes how the Governing Council reaches this decision.2002-08-20T09:58:46+00:00enInformation and Analysis for Monetary Policy: Coming to a Decision2002-08-20Corporate Bond Spreads and the Business Cycle
https://www.bankofcanada.ca/2002/06/working-paper-2002-15/
This paper examines the predictive power of credit spreads from the corporate bond market. The high-yield bond spread and investment-grade spread can explain 68 per cent and 42 per cent of output variations one year ahead, while the term spread based on government debts can explain only 12 per cent of them.2002-06-01T12:53:32+00:00enCorporate Bond Spreads and the Business Cycle2002-06-01Financial marketsMonetary and financial indicatorsMonetary policy transmissionWorking Paper 2002-15 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp02-15.pdfCorporate Bond Spreads and the Business CycleZhiwei ZhangJune 2002EE3E5GG1