This paper shows that regional disparities in house price growth are more pronounced during house price busts than during booms. To explain this observation we construct a two-region currency union ...
One argument for central bank digital currencies (CBDCs) is that without them, private and foreign digital monies could displace domestic currencies, threatening the central bank’s monetary policy and ...
Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.
Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.
Good afternoon. It’s a pleasure to be back home in Montréal, especially at this time of year. And it is wonderful to see so many of you again. My final speech of the year is always an opportunity to ...
This note presents PULSE, a new measure of underlying inflation in Canada based on a dynamic factor model estimated on disaggregated inflation data. PULSE captures the persistent component of ...
Governor Tiff Macklem discusses the Bank of Canada’s role in ensuring Canadians can trust their money in all its forms. He describes the Bank’s new responsibilities—regulating stablecoins and ...
Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.
Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.
Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.
Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection. We supervise payment service providers under the Retail Payment ...
Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection. We supervise payment service providers under the Retail Payment ...