Tag: Bank of Canada
Some Bank of Canada officials worried half point cut might signal economic trouble
Some Bank of Canada officials expressed worries during the last policy meeting that an "unusual" 50-basis-point might be "interpreted as a sign of economic trouble" and led to expectations of further outsized cuts, the meeting deliberations summary shows.
Bank of Canada not sure about exact level of neutral rate, Macklem says
Bank of Canada isn't entirely sure what the country's natural rate of interest is and the central bank will have to discover it over time, said Governor Tiff Macklem.
Why Canada’s unemployment rate is rising so rapidly?
Canada's labor market has cooled down rapidly this year. Unemployment rate rose to 6.6% in August. The major issue is that the not enough job are created to digest the explosive population growth over the last few years and this integration problem is growing larger every month.
Bank of Canada names ex-central bankers, University of Calgary professor as external experts for...
Ex-Bank of Spain Governor Pablo Hernández de Cos, ex-BoE official Kristin Forbes and Trevor Tombe, professor at the University of Calgary, will for an external expert team to conduct independent assessment on Bank of Canada's review on Covid-era exceptional actions
Bank of Canada July meeting minutes reveal growing concerns on slowing labor market, consumption
Bank of Canada officials were increasingly concerned about potential risk of consumption slowdown amid growing slack in the labor market and excess supply in the economy when they cut interest rate during July 24 meeting, according to the central bank's summary of deliberations.
Bank of Canada cuts rate by 0.25 ppts to 4.75%
The Bank of Canada lowered its target for overnight rate by 0.25 ppts to 4.75%, making it one of the advanced economy central banks to cut rates before Federal Reserve does.
Bank of Canada holds rate at 5%, cites persistent underlying inflation
Bank of Canada held its overnight rate at 5% after its March monetary policy meeting, citing "risks to the outlook for inflation, particularly the persistence in underlying inflation."
Canada inflation drops to 2.9% in January
Canada's headline CPI rose 2.9% in January, hitting Bank of Canada's inflation-control target range of 1% - 3% for the first time since March 2021.
Bank of Canada continues to hold rate at 5% as underlying inflation still shows...
Governor Macklem said the "Governing Council’s discussion of monetary policy is shifting from whether our policy rate is restrictive enough to restore price stability, to how long it needs to stay at the current level"
Bank of Canada holds rate at 5% after September meeting
Bank of Canada maintained its benchmark interest rate at 5% but warned about persistent underlying inflationary pressure.
Interviews
The model you should use to explain Macroeconomics to your Mum | Q&A with...
>Professor Olivier Blanchard further explained the role empirical research on DSGE models, how to teach undergraduates macro after the Great Recession, and his research on hysteresis.
How the Game of Bank Bargains Created the Financial Crisis? | Q&A with Calomiris...
Welcome to the latest installment of our interview series “Where is the General Theory of the 21st Century?”
“Where is the General Theory of the...
Major Shifts in Macroeconomics Since the Great Recession | Interview with Atif Mian
Atif Mian, co-author of House of Debt, discusses what he thinks are the "revolutionary" changes in macroeconomic academia since the Great Recession.
Performance of Macroeconomics is not that bad! | Q&A with Ricardo Reis |
In the interview, Ricardo Reis discuss with us his latest research project - "Reservism", the study of the role of reserves on central bank balance sheets and their implications for central bank solvency, quantitative easing, and the ability to control inflation.