Posts
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October 31, 2013
Bank of Canada and other central banks announce that Existing Temporary Bilateral Liquidity Swap Arrangements will be converted into Standing Arrangements
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank announced on Thursday that their existing temporary bilateral liquidity swap arrangements are being converted to standing arrangements, that is, arrangements that will remain in place until further notice. -
October 30, 2013
Research Update - October 2013
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. -
October 29, 2013
The Promise of Potential
In her speech, The Promise of Potential, Deputy Governor Agathe Côté discusses potential output in Canada and its implications for the economy and inflation. -
October 29, 2013
Opening Statement before the House of Commons Standing Committee on Finance
Thank you for the opportunity for Tiff and me to be with you today to discuss the October Monetary Policy Report, which the Bank published last week. The Bank aims to communicate our objectives openly and effectively and to stand accountable for our actions before Canadians. One of the best ways to do this is […] -
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Measuring Uncertainty in Monetary Policy Using Implied Volatility and Realized Volatility
We measure uncertainty surrounding the central bank’s future policy rates using implied volatility computed from interest rate option prices and realized volatility computed from intraday prices of interest rate futures. -
ToTEM II: An Updated Version of the Bank of Canada’s Quarterly Projection Model
This report provides a detailed technical description of an updated version of the Terms-of-Trade Economic Model (ToTEM II), which replaced ToTEM (Murchison and Rennison 2006) in June 2011 as the Bank of Canada’s quarterly projection model for Canada. -
October 23, 2013
Release of the Monetary Policy Report
Press conference following the release of the Monetary Policy Report. -
October 23, 2013
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.