July 22, 2008
International Experience with the Conduct of Monetary Policy under Inflation Targeting
Conference held on 22 and 23 July 2008 (papers in unedited, electronic format only)
Posts
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July 17, 2008
Release of the Monetary Policy Report Update
In the Update, the Bank described three major developments affecting the Canadian economy: protracted weakness in the U.S. economy, ongoing turbulence in global financial markets, and sharp increases in certain commodity prices, particularly energy. -
July 17, 2008
Bank of Canada releases Monetary Policy Report Update
The Bank of Canada today released its July Monetary Policy Report Update. In it, the Bank described three major developments affecting the Canadian economy: protracted weakness in the U.S. economy, ongoing turbulence in global financial markets, and sharp increases in the prices of certain commodities, particularly energy. -
July 17, 2008
Monetary Policy Report Update – July 2008
Three major developments are affecting the Canadian economy: the protracted weakness in the U.S. economy; ongoing turbulence in global financial markets; and sharp increases in the prices of certain commodities — particularly energy. The first two developments are evolving roughly in line with expectations outlined in the April Monetary Policy Report. -
July 15, 2008
Bank of Canada keeps overnight rate target at 3 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent. -
July 10, 2008
Bank of Canada Appoints Special Advisers
The Bank of Canada today announced the appointment of Angelo Melino, Professor in the Department of Economics at the University of Toronto, and Frank Milne, BMO Professor of Economics and Finance in the Department of Economics at Queen's University, as Special Advisers for the year 2008-09. -
July 8, 2008
Bank of Canada Announces that Term PRA Maturing on 10 July will not be Renewed
The Bank of Canada announced today that it will not renew the $1 billion term PRA maturing on 10 July. -
July 7, 2008
Business Outlook Survey - Summer 2008
Despite the recent slowdown in real economic growth in Canada, the results of the summer survey do not suggest widespread weakness across Canadian firms. Firms have, however, become increasingly concerned about pressures on input costs and inflation. -
June 27, 2008
Flexibility versus Credibility in Inflation-Targeting Frameworks
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. -
June 25, 2008
United States Treasury Securities Accepted as Collateral for the Bank of Canada's Standing Liquidity Facility
Further to its 12 December 2007 announcement, the Bank of Canada is expanding the list of securities eligible to be pledged as collateral for the Standing Liquidity Facility to include marketable securities issued by the United States Treasury (bills, notes and bonds, including Treasury Inflation-Protected Securities).