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January 8, 2009

Financial Stability through Sound Risk Management

Remarks Pierre Duguay Risk Management Association, Toronto Chapter Toronto, Ontario
The extraordinary turmoil of 2007 and 2008 has brought to the fore many issues and challenges, most of which will be with us for some time as we deal with what has become the deepest financial crisis since the 1930s. Policy-makers around the world have taken bold and timely steps to deal with the financial instability and economic crisis, but it will take time for confidence to be restored and for markets to become fully functional again.
September 18, 2008

Measuring Inflation: Methodology and Misconceptions

Remarks John Murray Certified General Accountants of Ontario Toronto, Ontario
These past few months have been busy for central bankers, to say the least, and the past few days are certainly no exception. While developments on Wall Street have garnered much attention, the cost of living has also been an issue for us all, whether we're buying gas at the pumps, booking an airline ticket, or just picking up a loaf of bread at the grocery store.
June 27, 2008

Flexibility versus Credibility in Inflation-Targeting Frameworks

Remarks Mark Carney 7th BIS Annual Conference Lucerne, Switzerland
There are two broad classes of arguments for greater flexibility in the design and application of monetary policy frameworks. The BIS has done a great deal of useful work on asset-price targeting in particular and on the complicated interplay between monetary policy and financial stability in general.
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