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1384 result(s)
October 8, 2010

Senior Loan Officer Survey - Third-Quarter 2010

The survey results point to an overall easing in business-lending conditions during the third quarter of 2010. Both the price and non-price aspects of business lending eased during the quarter. Note that the balance of opinion indicates only the direction of the change in lending conditions; it does not provide information on the magnitude of the change.
Content Type(s): Publications, Senior Loan Officer Survey
August 19, 2010

Price-Level Targeting and Relative-Price Shocks

Bank of Canada Review - Summer 2010 Stephen Murchison
Stephen Murchison reviews the findings of recent Bank of Canada research on the relative merits of inflation targeting and price-level targeting (PLT) for a small open economy, such as Canada's, that is susceptible to large and persistent terms-of-trade shocks.
Content Type(s): Publications, Bank of Canada Review articles Topic(s): Central bank research, Inflation targets, Monetary policy framework
August 19, 2010

Should Monetary Policy Be Used to Counteract Financial Imbalances?

Bank of Canada Review - Summer 2010 Jean Boivin, Césaire Meh, Timothy Lane
The authors examine whether monetary policy should and could do more to lean against financial imbalances (such as those associated with asset-price bubbles or unsustainable credit expansion) as they are building up, or whether its role should be limited to cleaning up the economic consequences as the imbalances unwind.
Content Type(s): Publications, Bank of Canada Review articles Topic(s): Financial system regulation and policies, Monetary policy framework
August 19, 2010

Bank of Canada Review - Summer 2010

Examination of how, when the policy interest rate is at or near zero, different monetary policy frameworks might help to lower the risk and economic cost of such a scenario; review of the findings of recent Bank of Canada research on the relative merits of inflation targeting and price-level targeting (PLT) for a small open economy; examination of monetary policy being used to counteract financial imbalances; conference summary: new frontiers in monetary policy design.
Content Type(s): Publications, Bank of Canada Review
July 22, 2010

Monetary Policy Report – July 2010

MPR - July 2010
The global economic recovery is proceeding but is not yet self-sustaining. Greater emphasis on balance sheet repair by households, banks, and governments in a number of advanced economies is expected to temper the pace of global growth relative to the Bank’s outlook in April.
Content Type(s): Publications, Monetary Policy Report
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