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8222 Results

October 27, 2021

Monetary Policy Report - Press Conference (Webcasts) - October 2021

Release of the Monetary Policy Report - Press conference by Governor Tiff Macklem (11:00 (ET) approx.).

October 27, 2021

Interest Rate Announcement & Monetary Policy Report

10:00 (ET)
On eight scheduled dates each year, the Bank of Canada issues a press release announcing its decision for the overnight rate target, together with a short explanation of the factors influencing the decision. Four times a year, the Bank of Canada’s Governing Council presents the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks.

Content Type(s): Upcoming events

What Can Stockouts Tell Us About Inflation? Evidence from Online Micro Data

Staff Working Paper 2021-52 Alberto Cavallo, Oleksiy Kryvtsov
Did supply disruptions and cost pressures play a role in rising inflation in 2020 during the COVID-19 pandemic? Using data collected from websites of large retailers in multiple sectors and countries, we show that shortages may indicate transitory inflationary pressures.
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