Interest rates - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T09:36:12+00:00What’s behind your mortgage rate
https://www.bankofcanada.ca/2020/05/whats-behind-your-mortgage-rate/
Here’s what determines the interest rate on your mortgage—and why that rate can go up and down.2020-05-27T10:00:37+00:00enWhat’s behind your mortgage rate2020-05-27Decisive actions in difficult times
https://www.bankofcanada.ca/2020/05/decisive-actions-in-difficult-times/
Deputy Governor Timothy Lane talks about the Bank’s decisive actions in response to COVID-19, and how these will help Canadians now and in the future.2020-05-20T11:39:11+00:00Decisive actions in difficult times2020-05-20Timothy LanePolicies for the Great Global Shutdown and Beyond
https://www.bankofcanada.ca/2020/05/policies-great-global-shutdown-and-beyond/
Deputy Governor Timothy Lane explains how the Bank is helping Canadian households and businesses weather the COVID-19 crisis, and how our actions today are laying a solid foundation for our future economic recovery.2020-05-20T09:21:56+00:00Policies for the Great Global Shutdown and Beyond2020-05-20Timothy LaneHow Do Mortgage Rate Resets Affect Consumer Spending and Debt Repayment? Evidence from Canadian Consumers
https://www.bankofcanada.ca/2020/05/staff-working-paper-2020-18/
We study the causal effect of mortgage rate changes on consumer spending, debt repayment and defaults during an expansionary and a contractionary monetary policy episode in Canada. We find asymmetric responses of consumer durable spending, deleveraging and defaults. These findings help us to understand household sector response to interest rate changes.2020-05-19T11:51:53+00:00enHow Do Mortgage Rate Resets Affect Consumer Spending and Debt Repayment? Evidence from Canadian Consumers2020-05-19Credit and credit aggregatesInterest ratesMonetary policyMonetary policy transmissionStaff Working Paper 2020-18https://www.bankofcanada.ca/wp-content/uploads/2020/05/swp2020-18.pdfStaff Working Paper 2020-18Katya KartashovaXiaoqing ZhouMay 2020DD1D12D14EE4E43E5E52GG2G21RR3R31