November 8, 2023 Summary of Governing Council deliberations: Fixed announcement date of October 25, 2023 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on October 25, 2023. Content Type(s): Publications, Summary of deliberations
November 7, 2023 CFEC Meeting (November 7, 2023) TD Securities Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee
November 7, 2023 Airplay, CBC Yukon Radio Tiff Macklem, Governor of the Bank of Canada Interview with Airplay on CBC Yukon Radio Content Type(s): Press, Media activities
November 7, 2023 2023 Annual Bank of Canada Economic Conference Conference held on November 7 and 8, 2023. Content Type(s): Conferences and workshops
November 6, 2023 Market Participants Survey—Third Quarter of 2023 The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants. Content Type(s): Publications, Market Participants Survey
November 1, 2023 Opening Statement before the Standing Senate Committee on Banking, Commerce and the Economy Opening statement Tiff Macklem Standing Senate Committee on Banking, Commerce and the Economy Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements
International Portfolio Rebalancing and Fiscal Policy Spillovers Staff working paper 2023-56 Sami Alpanda, Uluc Aysun, Serdar Kabaca We evaluate, both empirically and theoretically, the spillover effects that debt-financed fiscal policy interventions of the United States have on other economies. We consider a two-country model with international portfolio rebalancing effects. We show that US fiscal expansions would increase global long-term rates and hinder economic activity in the rest of the world. Content Type(s): Staff research, Staff working papers Research Topic(s): Economic models, Fiscal policy, International topics JEL Code(s): E, E3, E32, E6, E62, F, F4, F41, F44 Research Theme(s): Financial markets and funds management, International markets and currencies, Financial system, Financial stability and systemic risk, Models and tools, Economic models, Structural challenges, International trade, finance and competitiveness
Digitalization: Prices of Goods and Services Staff discussion paper 2023-27 Vivian Chu, Tatjana Dahlhaus, Christopher Hajzler This paper outlines and assesses the various channels through which digitalization can affect prices of goods and services. Content Type(s): Staff research, Staff discussion papers Research Topic(s): Digitalization, Inflation and prices, Market structure and pricing, Monetary policy JEL Code(s): D, D2, E, E3, E31, E5, E52, L, L1, L11 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Structural challenges, Digitalization and productivity