New funding to support monetary policy research
International integration means inflation targeting in one country is unlikely to be independent of measures taken elsewhere
Central banks will not forget to shut off the liquidity taps when additional stimulus is no longer required
Lower target, stronger accountability would boost Canadian dollar
Bank of Canada called on to boost transparency on its decision-making procedures
Real transparency involves judgment
Strong foreign demand for Canadian goods and U.S. dollar weakness at the heart of the sharp appreciation
Growth, inflation expected to remain steady through 2008
Collective action is needed now to minimize the chances of a major economic disruption
Global imbalances could lead to a recession warns David Dodge, governor of the Bank of Canada.In a speech to the Barbados International Business Association in Bridgetown, Barbados, today, Dodge explained that the Bank of Canada sees these imbalances, “as reflecting the financial flows associated with mismatches in savings and investment within major regions of the […]