Uncovering Subjective Models from Survey Expectations Staff Working Paper 2025-31 Chenyu Hou, Tao Wang This paper shows that survey expectations can be used to uncover how households subjectively think about inflation and unemployment dynamics jointly. The commonly documented "stagflation view", namely the households' tendency to associate inflation with a worse labor market, implies amplified impacts of supply shocks and dampened ones of demand shocks. Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, Inflation and prices, Labour markets, Monetary policy JEL Code(s): D, D8, D84, E, E2, E21, E3, E30, E32, E7, E71
November 6, 2025 Opening Statement before the Senate Standing Committee on Banking, Commerce and the Economy Opening statement Tiff Macklem Senate Standing Committee on Banking, Commerce and the Economy Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements
November 6, 2025 Appearance: Tiff Macklem, Governor, and Carolyn Rogers, Senior Deputy Governor 10:30 (ET) Ottawa, Ontario Content Type(s): Upcoming events
November 6, 2025 Parliamentary Appearance by the Governor and the Senior Deputy Governor of the Bank of Canada On Thursday, November 6, 2025, the Governor of the Bank of Canada, Tiff Macklem, will appear before the Standing Senate Committee on Banking, Commerce and the Economy. He will be accompanied by Senior Deputy Governor Carolyn Rogers. Content Type(s): Press, Media advisories
November 6, 2025 2025 Annual Economic Conference The Bank of Canada will host the 2025 Annual Economic Conference on November 6 and 7 in Ottawa. The theme for this year’s conference is Central Banking and the Future of Payments. Content Type(s): Conferences and workshops
November 6, 2025 CFIF Meeting (November 6, 2025) Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
November 5, 2025 Appearance: Tiff Macklem, Governor, and Carolyn Rogers, Senior Deputy Governor 16:30 (ET) Ottawa, Ontario Content Type(s): Upcoming events
November 5, 2025 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements