Change theme
Change theme

Search

Content Types

Topics

JEL Codes

Locations

Departments

Authors

Sources

Statuses

Published After

Published Before

34 Results

March 3, 2022

Economic progress report: Controlling inflation

Remarks (delivered virtually) Tiff Macklem CFA Society Toronto Toronto, Ontario
Bank of Canada Governor Tiff Macklem talks about the Bank’s latest interest rate announcement and what’s driving inflation in Canada. He also discusses how the Bank will manage the next step in the Bank’s balance sheet operations – quantitative tightening.
March 3, 2022

Getting inflation back to target

Speech summary Tiff Macklem CFA Society Toronto Toronto, Ontario
Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to raise its policy interest rate. He explains that after two years of extraordinary stimulus, we are now on a path of rising interest rates.
November 1, 2016

25 Years of Inflation Targets: Certainty for Uncertain Times

Remarks Stephen S. Poloz Business Council of British Columbia Vancouver, British Columbia
Governor Stephen S. Poloz discusses the renewal of Canada’s inflation-targeting agreement and how it continues to help the economy.
February 24, 2015

Lessons New and Old: Reinventing Central Banking

Remarks Stephen S. Poloz Western University President's Lecture London, Ontario
Governor Stephen S. Poloz discusses the need to integrate financial stability concerns with inflation control in conducting monetary policy after the financial crisis.

Financial Conditions and the Money-Output Relationship in Canada

Staff Working Paper 2012-33 Maral Kichian
We propose a drifting-coefficient model to empirically study the effect of money on output growth in Canada and to examine the role of prevailing financial conditions for that relationship. We show that such a time-varying approach can be a useful way of modelling the impact of money on growth, and can partly reconcile the lack of concensus in the literature on the question of whether money affects growth.

Resurrecting the Role of Real Money Balance Effects

Staff Working Paper 2009-24 José Dorich
I present a structural econometric analysis supporting the hypothesis that money is still relevant for shaping inflation and output dynamics in the United States. In particular, I find that real money balance effects are quantitatively important, although smaller than they used to be in the early postwar period.

Perhaps the FOMC Did What It Said It Did: An Alternative Interpretation of the Great Inflation

Staff Working Paper 2007-19 Sharon Kozicki, P. A. Tinsley
This paper uses real-time briefing forecasts prepared for the Federal Open Market Committee (FOMC) to provide estimates of historical changes in the design of U.S. monetary policy and in the implied central-bank target for inflation. Empirical results support a description of policy with an effective inflation target of roughly 7 percent in the 1970s.
Go To Page