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December 11, 2012

Central Bank Policy Guidance May Be Most Useful in Extraordinary Times, Says Bank of Canada Governor Mark Carney

While transparency is critical to well-functioning capital markets and effective monetary policy, forward policy guidance is best used sparingly by central banks  in normal times, Bank of Canada Governor Mark Carney said today. In a speech to the Toronto CFA Society, the Governor discussed where policy guidance can be most effective and when it may […]
Content Type(s): Press, Press releases
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