June 2, 2005 Monetary Policy and the Exchange Rate in Canada Remarks David Dodge Canada China Business Council Beijing, China Canada's experience is interesting and potentially insightful for two important reasons. First, Canada has more experience with a flexible exchange rate than almost any other country. Content Type(s): Press, Speeches and appearances, Remarks
Evaluating the Effects of Forward Guidance and Large-scale Asset Purchases Staff working paper 2021-54 Xu Zhang I propose a novel method to identify and estimate the macroeconomic effects of forward guidance and large-scale asset purchases (LSAP) for each FOMC announcement. I find that LSAP is more important than forward guidance in influencing output and inflation. LSAP puts upward pressure on short-term yields, so it should always be used in conjunction with forward guidance. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E5, G, G0 Research Theme(s): Models and tools, Economic models, Monetary policy, Monetary policy tools and implementation
March 6, 2020 Evaluating our approach to monetary policy James (Jim) C. MacGee, Rhys R. Mendes Inflation targeting has been successful in Canada over the past 30 years. But is it the best we can do? The Bank of Canada asks itself, and Canadians, that question every five years. Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
February 21, 2019 History demonstrates the power and limitations of monetary policy, Governor Poloz says Media Relations Montréal, Quebec Monetary policy has proven to be a powerful instrument to control inflation and promote Canada’s economic welfare, subject to a number of limitations, Bank of Canada Governor Stephen S. Poloz said today. Content Type(s): Press, Press releases
January 18, 2007 Bank of Canada releases Monetary Policy Report Update Media Relations Ottawa, Ontario he Bank of Canada today released the January update to the Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases
January 27, 2005 Bank of Canada releases Monetary Policy Report Update Media Relations Ottawa, Ontario The Bank of Canada today released its Update to the October Monetary Policy Report. The Update discusses current economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases