Why the Bank of Canada needs to prepare Canadians for rate hikes: Globe and Mail Op-Ed
Op-Ed
Why the Bank of Canada needs to prepare Canadians for rate hikes: Globe and Mail Op-Ed
We have been stuck in a low-interest period for almost a decade now, and with that apparent inertia comes the challenge of knowing when to start reversing course. Last Wednesday’s interest rate…
Bank of Canada Should Hold Overnight Rate at 0.50 Percent Next Week; Hike to 1.00 Percent by May 2018: C.D. Howe Institute Monetary Policy Council
Council Report
Bank of Canada Should Hold Overnight Rate at 0.50 Percent Next Week; Hike to 1.00 Percent by May 2018: C.D. Howe Institute Monetary Policy Council
May 18, 2017 — The C.D. Howe Institute’s Monetary Policy Council (MPC) said the Bank of Canada should keep its target for the overnight rate, the very short-term interest rate it targets…
The Bank of Canada’s Tone Shift Should Be a Cause for Concern: Globe and Mail Op-Ed
Op-Ed
The Bank of Canada’s Tone Shift Should Be a Cause for Concern: Globe and Mail Op-Ed
The Bank of Canada announced on Wednesday, in a familiar refrain, that it is maintaining its target for the overnight rate. However, the announcement and accompanying news conference…

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