Longworth on monetary and financial stability

In a speech given on Friday 9 January, eputy Governor of the Bank of Canada David Longworth discusses how the interaction between sound monetary and financial stability policies contributes to solid economic performance.

Mr Longworth begins by talking about the appropriate goal and focus of these policies. Next, he reviews four of the most important financial stability policies in terms of their effect on macroeconomic stability. He then goes on to discuss the interaction between monetary and

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