We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.

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September 19, 2023

Household differences and monetary policy

Speech summary Sharon Kozicki University of Regina Regina, Saskatchewan
Deputy Governor Sharon Kozicki talks about how differences in debt, income and savings across households shaped their experience through the COVID-19 pandemic and how this is affecting monetary policy now.
Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Housing, Inflation and prices, Interest rates, Monetary policy transmission, Price stability
September 7, 2023

Staying the course

Speech summary Tiff Macklem Calgary Chamber of Commerce Calgary, Alberta
Speaking a day after we decided to maintain the policy interest rate at 5%, Governor Tiff Macklem explores some key factors behind the decision. He also explains why the 2% inflation target supports a stable economy and greater prosperity for households and businesses.
Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Credibility, Domestic demand and components, Expectations, Firm dynamics, Inflation and prices, Inflation targets, Inflation: costs and benefits, Labour markets, Monetary policy, Monetary policy framework, Monetary policy transmission, Price stability, Recent economic and financial developments

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