Canada
Carney comments indicate Canadian rates to fall
Expectations of further rate cuts in Canada rose on the back of comments made by Mark Carney, the governor of the central bank.
Bank of Canada on housing market volatility
Better access to global financial markets exacerbates the peaks and troughs of business cycles for the housing industry, research published by the Bank of Canada shows.
Canada monitoring credit conditions
The Bank of Canada is looking at the impact of the unusually wide credit spreads, prevalent in the country's money markets since the summer, on financial stability, inflation and monetary policy, said David Longworth, a deputy governor at the central…
Canada's Jenkins: domestic adjustments crucial
We need to encourage flexibility and adaptability in internal markets in order to adjust to cyclical economic shocks, said Paul Jenkins, the senior deputy governor of the Bank of Canada.
Business sector mark-up decline in Canada
Mark-up in the Canadian business sector has declined since the mid-1980s, finds a new paper from the Bank of Canada.
Commodity price shocks in a small open economy
Commodity price shocks significantly contribute to the exchange rate fluctuations and business cycles in a small open economy, recent research by the Bank of Canada shows.
Bank of Canada - Annual Report 2007
For Canada, 2007 was marked by sharply increased volatility in financial and foreign-exchange markets, and a widening of credit spreads.
Policy's role grows amid tensions: Canada's Carney
At a time of great uncertainty, it is more important than ever that monetary policy acts as stabilising force, said Mark Carney, the governor of the Bank of Canada.
Central banks announce second joint effort
The Federal Reserve will accept banks' mortgage-backed securities as part of a raft of liquidity measures announced by five of the world's most powerful monetary authorities on Tuesday 11 March.
China would prosper from currency appreciation
China would benefit from moving to a flexible exchange rate regime and allowing the People's Bank of China greater independence to control inflation, research published by the Bank of Canada indicates.
Price-level-path targeting would suit Canada
Simple price-level-path targeting performs slightly better than simple inflation targeting when the Canadian economy is confronted by shocks, states a new Bank of Canada research.
Canada chops half a point off rates
The Bank of Canada has cut rates by 50 basis points to 3.5% amid fears of a more severe slowdown in the US.
Productivity leap needs more than just IT
Improvements in communication and information technology must be coupled with organisational changes and sound human resource policies if they are to boost productivity, research published by the Bank of Canada finds.
New Canadian governor on globalisation
In this speech - his first as governor of the Bank of Canada - Mark Carney links the dramatic increase in highly structured credit products with emerging-market economies' role as exporters of capital.
Mixed results for inflation targeting
A study by the Bank of Canada finds that the ability of inflation-targeting central banks to hit their targets varies considerably. The study, published in the Bank of Canada's Winter Review, looked at 21 countries over the period 1990 to 2007.
Carney point finger at China in first speech
Mark Carney, in his first speech as governor of the Bank of Canada, said that China is partly responsible for the subprime disaster that has dragged North America into a slump and disturbed financial markets around the world.
Canadian exchange rate key to monetary policy
The exchange rate of the loonie is a key element of the Bank of Canada's monetary policy framework, said Paul Jenkins, the senior deputy governor at the central bank.
Canada's inflation success down to more than luck
The price level in Canada has strayed little from the path implied by the 2% inflation target because expectations and interest rates are determined in a way that is consistent with price-level-path targeting, research published by the international…
Old Lady could offer covert support under new rule
The British chancellor wants to introduce new rules allowing the Bank of England to give lender-of-last-resort support in secret.
Spot trades strengthen dominance of FX market
The amounts traded in spot foreign exchange markets have shot up, central bank research reveals.
Canada will not slump despite slight slowdown
Though the likelihood of a recession in the United States has increased greatly, the Canadian economy will continue to grow, said David Dodge, the outgoing governor of the Bank of Canada.
ECB sticks to inflation line amid OECD cut calls
Jean-Claude Trichet, the president of the European Central Bank, and fellow members of the rate-setting governing council have defended the central bank's decision to fight inflation, in spite of increasingly vociferous calls for them to cut rates.
Canadian banks match central bank cut
Canada's biggest banks have lowered lending rates by 25 basis points in spite of speculation before Tuesday's rate cut that they would fail to follow a central bank move.
Canada cuts rates by 25 basis points to 4%
The Bank of Canada's rate-setting board opted on Tuesday to lower its benchmark overnight rate by 25 basis points to 4%.