March 6, 2024
Monetary Policy Decision Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision.
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February 6, 2024
Media Availability: Montreal Council on Foreign Relations (CORIM)
The effectiveness and the limitations of monetary policy — Governor Tiff Macklem takes questions from reporters following his remarks (14:10 (ET) approx.).
Content Type(s):
Press,
Speeches and appearances,
Webcasts
February 6, 2024
Speech: Montreal Council on Foreign Relations (CORIM)
The effectiveness and the limitations of monetary policy — Governor Tiff Macklem speaks before the Montreal Council on Foreign Relations (CORIM) (13:00 (ET) approx.).
Content Type(s):
Press,
Speeches and appearances,
Webcasts
February 6, 2024
Monetary policy: It’s perfectly imperfect
Governor Tiff Macklem speaks about the effectiveness—and limitations—of monetary policy. He highlights how raising and lowering the policy interest rate ultimately keeps inflation low, stable and predictable, despite significant shocks to the economy.
Content Type(s):
Press,
Speeches and appearances,
Speech summaries
Research Topic(s):
Housing,
Inflation targets,
Inflation: costs and benefits,
Interest rates,
Monetary policy,
Monetary policy implementation,
Monetary policy transmission,
Price stability,
Productivity
February 6, 2024
Monetary policy: The right tool for the right job
Governor Tiff Macklem discusses how monetary policy is working to bring inflation down—and how it has worked to return inflation to target over the last 25 years. He also talks about the limits of monetary policy, and why the right focus is on controlling inflation in the medium term.
Content Type(s):
Press,
Speeches and appearances,
Remarks
Research Topic(s):
Housing,
Inflation targets,
Inflation: costs and benefits,
Interest rates,
Monetary policy,
Monetary policy implementation,
Monetary policy transmission,
Price stability,
Productivity