Op-Ed
After a prolonged wait, the U.S. Federal Reserve raised its target for the Fed funds rate by 25 basis points last week. Its statement also hinted at three possible increases in 2017. Many Canadians…
Council Report
December 1, 2016 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today called for the Bank of Canada to keep its target for the overnight rate, the very short-term interest rate…
Op-Ed
In Europe, as in the global economy more generally, growth has been too slow for too long. In Europe, unlike elsewhere, this is setting up an existential crisis. Restoring growth now and on a basis…
