Banking
- The 50-basis-point cut, reducing the rate to 3.75. per cent, is 'to support economic growth and keep inflation close to the middle' of the one per cent to three per cent range, the Bank explained.
- The 50-basis-point cut, reducing the rate to 3.75. per cent, is 'to support economic growth and keep inflation close to the middle' of the one per cent to three per cent range, the Bank explained.
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- Whether an explicit broadening of the BoC's mandate is needed is far from clear, but current circumstances support the need for flexibility in monetary
- Whether an explicit broadening of the BoC's mandate is needed is far from clear, but current circumstances support the need for flexibility in monetary
- Whether an explicit broadening of the BoC's mandate is needed is far from clear, but current circumstances support the need for flexibility in monetary
- The general consensus among economists is that central bank independence is necessary for good inflation control.
- The general consensus among economists is that central bank independence is necessary for good inflation control.
- The general consensus among economists is that central bank independence is necessary for good inflation control.
- Politicians have many competing priorities, and may not always place a high enough importance on low and stable inflation.
- Politicians have many competing priorities, and may not always place a high enough importance on low and stable inflation.
- Politicians have many competing priorities, and may not always place a high enough importance on low and stable inflation.
- Central banks, particularly those with a stated goal of price stability, must act decisively and swiftly in response to inflation to preserve their credibility.
- Central banks, particularly those with a stated goal of price stability, must act decisively and swiftly in response to inflation to preserve their credibility.
- Central banks, particularly those with a stated goal of price stability, must act decisively and swiftly in response to inflation to preserve their credibility.
- There have always been conflicting objectives for the financial and monetary sides of the economy.
- There have always been conflicting objectives for the financial and monetary sides of the economy.
- There have always been conflicting objectives for the financial and monetary sides of the economy.
- There is a tendency in Ottawa to see the 'financial sector' as consisting of six institutions, but this excludes many smaller players.
- There is a tendency in Ottawa to see the 'financial sector' as consisting of six institutions, but this excludes many smaller players.
- There is a tendency in Ottawa to see the 'financial sector' as consisting of six institutions, but this excludes many smaller players.