Bank of Canada (BoC)
Banknotes: July to September 2023
A round-up of news and salient issues that have affected central bankers in the past three months
Digitalisation has complex impact on monetary policy – BoC paper
New technologies could affect policy transmission, communication and data tools
Canadian CBDC would not improve inclusion, paper says
Bank of Canada research finds most citizens already have access to e-payments options
Bank of Canada’s Maryam Haghighi on quantum computing in central banks
The director of data science talks about post-quantum encryption, payments simulation and optimisation problems, and how the quantum work is happening in a multidisciplinary way
Hedge funds may reduce liquidity in volatile periods – BoC research
By transacting abnormally in times of market stress, hedge funds can reduce liquidity
New Canadian $5 on hold as finance minister delays decision
Replacing former PM could provoke backlash from French Canadians and Conservatives
Canada opposition leader repeats promise to fire governor
Poilievre accuses government of interfering in central bank
Researchers use natural language processing to estimate inflation
Applying NLP techniques to earnings calls provides useful economic indicators, paper says
Bank of Canada raises rates despite falling inflation
Governor warns progress towards price stability “could stall”
Bank of Canada raises rates 25bp
Central bank now predicts inflation will return to its 2% target in mid-2025
Is corporate pricing causing ‘greedflation’?
Firms in US and Europe are driving inflation higher by imposing above-cost mark-ups, researchers say
Why fear, paranoia and distrust swirl around CBDCs
Populists and conspiracy theorists are exacerbating public concern about retail CBDCs. What can central banks do about it?
People: Israel appoints new chief supervisor
IDB appoints chief operating officer; IADI gets new head; and more
‘Stubborn’ inflation puts an end to Canada’s tightening pause
Bank of Canada raises main rate by 25 basis points as it predicts inflation will fall to 3% in the summer
Banknotes: April to June 2023
A round-up of news and salient issues that have affected central bankers in the past three months
Major central banks set out CBDC policy debates
BIS and central banks discuss major policy issues that still need to be solved
Third-party risks are a first priority for central banks
Cyber and concentration risks crystallise co-operation between critical infrastructure providers
People: ECB seeks new supervision chief
Andrea Enria nears term end at SSM; Bank of Canada appoints deputy; Israel names SWF head
Bank of Canada consults public on CBDC design
But central bank says CBDC not needed “at this time”
Extended QE creates pessimistic sentiment – Bank of Canada paper
News and social media “significantly” impact market sentiment, researchers say
What economists learned from Covid-19
A rush of work on ‘epi-macro’ yielded breakthroughs and then faded. Will there be lasting benefits?
IMF code drives reform of central bank transparency
Dmytro Solohub says pilots of new transparency code have already fostered change
Global recession possible, Canadian governor warns
Tiff Macklem says firms are still raising prices excessively
People: First governor of Congo central bank dies aged 92
Deputy governors depart in Canada and Sweden; and more