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370 Results

August 26, 2025

Inflation targeting: A framework for today and tomorrow

Speech summary Tiff Macklem Bank of Mexico 100ᵗʰ Anniversary Seminar Mexico City, Mexico
Governor Tiff Macklem discusses how inflation targeting became a leading strategy among central banks for maintaining price stability. He also talks about structural change ahead, shifts in global trade and ensuring monetary policy is fit for the future.
August 26, 2025

Flexible inflation targeting in a shock-prone world

Remarks Tiff Macklem Bank of Mexico 100ᵗʰ Anniversary Seminar Mexico City, Mexico
Governor Tiff Macklem discusses how inflation targeting became a leading strategy for maintaining price stability and how the Bank of Canada is ensuring its monetary policy framework is fit for future challenges.

Assessing tariff pass-through to consumer prices in Canada: Lessons from 2018

Staff Analytical Note 2025-18 Alexander Lam
US trade protectionism is making the economic outlook increasingly uncertain. To assess how consumer prices may respond to tariffs, we examine a tariff episode from 2018 using detailed microdata and the synthetic control method.
June 18, 2025

The impact of US trade policy on jobs and inflation in Canada

Remarks Tiff Macklem St. John’s Board of Trade St. John's, Newfoundland and Labrador
Governor Tiff Macklem discusses how the trade conflict with the United States has affected the Canadian economy. He explains that restoring open trade is critical for jobs and growth, and important for prices and inflation.
June 18, 2025

Trade, jobs and inflation

Speech summary Tiff Macklem St. John’s Board of Trade St. John's, Newfoundland and Labrador
Governor Tiff Macklem discusses the trade conflict with the United States and how it is has affected the Canadian economy. He explains that restoring open trade is important for jobs, growth and price stability in Canada.

The Mutable Geography of Firms’ International Trade

Staff Working Paper 2025-11 Lu Han
Exporters frequently change their market destinations. This paper introduces a new approach to identifying the drivers of these decisions over time. Analysis of customs data from China and the UK shows most changes are driven by demand rather than supply-related shocks.
March 20, 2025

Navigating tariff uncertainty

Remarks Tiff Macklem Calgary Economic Development Calgary, Alberta
Governor Tiff Macklem discusses how the US trade conflict and uncertainty is hurting business and consumer confidence. He also outlines what the Bank is doing to ensure the trade conflict doesn’t cause widespread or persistent inflation.
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