Posted in Canada, Inflation, Monetary Policy, tagged Canada, Inflation, Monetary Policy, Trudeau on September 24, 2023| 9 Comments » I gave a speech last year in Sweden to explain that inflation was caused by central banks such as the Federal Reserve, European Central Bank, and Bank of ...
The ECB reduced the deposit rate by 25 basis points (bps) to 3.50%, while the BoC implemented an equivalent cut, lowering its policy rate to 4.50%. The main surprise came from the US Federal Reserve (Fed). Although the Fed began easing in September, as we had expected, ...
Decades ago, before the RB become legally operationallly independent, I ran a small policy team that wrote a monthly memo to the Minister of Finance on monetary policy and conditions: every single one of them ended with what became almost a ritual incantation that faster progress in reducing th...
China will implement a sound monetary policy that is more precise and effective, keeping steady credit expansion and encouraging financial institutions to further reduce real lending interest rates, said a report from the State Council on financial work. Enterprises' comprehensive financing costs and ind...
This study reviews and assesses the monetary policy implemented by the Bank of Japan (BOJ), focusing on policies that employ short-term interest rates as t
Industry insiders said that the return of macro policy to normalization is the general direction, but the intensity of monetary policy will not be tightened suddenly. Different from the previous emphasis on "flexibility and moderation", this prudent monetary policy should be "flexible, accurate, ...
This passage was likely written in mid-1931, the first edition having been published in September 1931. In the second edition published two years later, Hawtrey elaborated on the conditions in 1931 discussed in the first edition. Describing the context of the monetary policy of the Bank of Engl...
China will implement a sound monetary policy that is more precise and effective, keeping steady credit expansion and encouraging financial institutions to further reduce real lending interest rates, said a report from the State Council on financial work. ...
According to the report, progress has been made in alleviating market entities' financing costs this year. The weighted average interest rate of corporate loans in September was 3.82 percent, the lowest in history, while the interest rate of new individual mortgages in the first nine months stood...
Monetary policy and institutions are far from exempt from political influences. In this paper, we analyze monetary institutions not as being run by either