Five years ago my predecessor Stephen Poloz talked about the power and limitations of monetary policy, focusing on the difficulty of ensuring financial stability when your main job is price stability.

This renewal of Canada’s monetary policy framework is occurring at a time when changes to the economy are complicating the task of monetary policy. The global financial crisis and COVID-19 pandemic ...

Opinion: Monetary policy needs to remain FIT for purpose The strategy of 'flexible inflation targeting' has worked well for Canada. It should be maintained when it comes up for renewal next year By ...

Monetary policy can ‘only do so much’ in face of tariffs, says ex-Bank of Canada official Central bank may have to cut more if tariffs are enacted and growth slows, but other adjustments will also be ...

NEW YORK, May 14 (Reuters) - Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial system, according to the ...