Posts

• September 30, 2020

  Interim RPAC Meeting (September 30, 2020)

  Topic: Significant changes and incidents

  Content Type(s): Meetings Source(s): Retail Payments Advisory Committee
• September 30, 2020

  Research Update - September 2020

  This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.

  Content Type(s): Staff research, Research newsletters
• September 29, 2020

  Cost of Living, CBC Radio

  

  Carolyn A. Wilkins, Senior Deputy Governor of the Bank of Canada
  Interview with the Cost of Living on CBC Radio

  Content Type(s): Press, Media activities

• Interbank Asset-Liability Networks with Fire Sale Management

  Staff Working Paper 2020-41 Zachary Feinstein, Grzegorz Halaj

  Raising liquidity when funding is stressed creates pressure on the financial market. Liquidating large quantities of assets depresses their prices and may amplify funding shocks. How do banks weathering a funding crisis contribute to contagion risk?

  Content Type(s): Staff research, Staff working papers Topic(s): Financial stability, Financial system regulation and policies, Payment clearing and settlement systems JEL Code(s): C, C6, C62, C63, C7, C72, G, G0, G01, G1, G11

• Forward Guidance and Expectation Formation: A Narrative Approach

  Staff Working Paper 2020-40 Christopher S. Sutherland

  How exactly does forward guidance influence interest rate expectations?

  Content Type(s): Staff research, Staff working papers Topic(s): Central bank research, Monetary policy, Monetary policy communications, Monetary policy transmission JEL Code(s): D, D8, D83, D84, E, E3, E37, E5, E52, E58
• September 23, 2020

  Bank of Canada Media Interview – CBC Radio

  Carolyn A. Wilkins, Senior Deputy Governor of the Bank of Canada, was interviewed on CBC’s radio show Cost of Living. The program airs Sunday at 12:05 (Eastern Time) and will also be available as a podcast. Please check local listings for channel information, or go to www.cbc.ca/radio/costofliving.

  Content Type(s): Press, Media advisories
• September 23, 2020

  Conference on Diversity and Inclusion in Economics, Finance, and Central Banking

  Jointly sponsored by the Bank of Canada, Bank of England, European Central Bank and Federal Reserve Board, the conference was held on September 23 and 24, 2020 at the Board of Governors of the Federal Reserve System.

  Content Type(s): Conferences
• September 22, 2020

  Financial Post

  

  Carolyn A. Wilkins, Senior Deputy Governor of the Bank of Canada
  Interview with The Financial Post

  Content Type(s): Press, Media activities

• The New Benchmark for Forecasts of the Real Price of Crude Oil

  Staff Working Paper 2020-39 Amor Aniss Benmoussa, Reinhard Ellwanger, Stephen Snudden

  How can we assess the quality of a forecast? We propose a new benchmark to evaluate forecasts of temporally aggregated series and show that the real price of oil is more difficult to predict than we thought.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, International topics JEL Code(s): C, C1, C5, C53, Q, Q4, Q47
• September 21, 2020

  Bank of Canada Media Interview – Financial Post

  Carolyn A. Wilkins, Senior Deputy Governor of the Bank of Canada, gave an interview to the Financial Post. The story will be available in the newspaper and online: www.financialpost.com.

  Content Type(s): Press, Media advisories