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Putting Money to Work: Monetary Policy in a Low Interest Rate Environment
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Page Title: | Putting Money to Work: Monetary Policy in a Low Interest Rate Environment – C.D. Howe Institute |
Article Title: | Putting Money to Work: Monetary Policy in a Low Interest Rate Environment |
URL: | https://cdhowe.org/publication/putting-money-work-monetary-policy-low-interest-rate-environment/ |
Published Date: | November 3, 2016 |
Accessed Date: | February 9, 2025 |
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Expanding the money supply is the best option for the Bank of Canada in a low interest rate environment, states a new report from the C.D. Howe Institute. In “Putting Money to Work: Monetary Policy in a Low Interest Rate Environment,” author Steve Ambler suggests that it should use quantitative easing (QE) to increase the broad money supply, on a longer term rather than a temporary basis, to encourage spending on goods and services by individuals and firms.
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