Intelligence Memos
From: Scott Baker, Nick Bloom, Steven J. Davis and Stephen J. Terry
To: Canadians concerned about COVID-19’s economic impact
Date: April 22, 2020
Re: COVID-Induced Economic…
Op-Ed
The Bank of Canada’s rate announcement last week — no change — was no surprise. But the effects of its asset purchases could be. The Bank had already lowered the target rate to its effective lower…
Intelligence Memos
From: Paul Jenkins
To: Monetary Policy Watchers
Date: April 22, 2020
Re: In Praise of Imprecision
For the first time since 9/11, the Bank of Canada, with the release of its latest monetary policy…