March 6, 2024 Bank of Canada Media Interview – Reuters Tiff Macklem, Governor of the Bank of Canada, gave an interview to Reuters. Content Type(s): Press, Media advisories
March 6, 2024 Bank of Canada Media Interview – Market News International Tiff Macklem, Governor of the Bank of Canada, gave an interview to Market News. Content Type(s): Press, Media advisories
March 6, 2024 Bank of Canada maintains policy rate, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. Content Type(s): Press, Press releases
March 6, 2024 Monetary Policy Decision Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision. Content Type(s): Press, Speeches and appearances, Opening statements
March 6, 2024 Bank of Canada Interest Rate Announcement On Wednesday, March 6, 2024, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. Content Type(s): Press, Media advisories
March 6, 2024 Reuters Tiff Macklem, Governor of the Bank of Canada Interview with Reuters Content Type(s): Press, Media activities
February 26, 2024 CARR Meeting (February 26, 2024) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
How changes in the share of constrained households affect the effectiveness of monetary policy Staff Analytical Note 2024-3 Felipe Alves, Sushant Acharya We measure how the change in the share of constrained households in Canada following the COVID-19 recession has impacted the effectiveness of monetary policy. Content Type(s): Staff research, Staff analytical notes Topic(s): Coronavirus disease (COVID-19), Monetary policy transmission JEL Code(s): E, E2, E21, E4, E40, E5, E50
February 21, 2024 Retail payments supervision consultation We want to hear from you. Review our draft supervisory guidelines and find out how to provide your feedback.
How Do Agents Form Macroeconomic Expectations? Evidence from Inflation Uncertainty Staff Working Paper 2024-5 Tao Wang The uncertainty regarding inflation that is observed in density forecasts of households and professionals helps macroeconomists understand the formation mechanism of inflation expectations. Shocks to inflation take time to be perceived by all agents in the economy, and such rigidity is lower in a high-inflation environment. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Inflation and prices, Monetary policy and uncertainty JEL Code(s): D, D8, D84, E, E3, E31, E7, E71