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Latest Inflation targeting Stories

2014-08-28 16:24:57

TORONTO, Aug. 28, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on September 3, 2014. Looking ahead, the Council called for the Bank to hold the target at 1.00 percent through the spring of 2015, but called for a target of 1.50 a year from now. The MPC provides an...

2014-07-10 16:23:35

TORONTO, July 10, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on July 16, 2014. Looking ahead, the Council called for the Bank to hold the target at 1.00 percent through the rest of 2014, but called for a target of 1.75 by July 2015. The MPC provides an independent...

2010-10-25 13:58:00

NEW YORK, Oct. 25 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: From its mid-October all-time high pennies over US$1,387 to its recent low just under $1,315 last Friday, gold suffered a loss of just about 10 percent. However, looking closely at the price action and short-term supply/demand flows of recent weeks reveals the metal's inherent strength --...

2010-06-10 18:09:00

FORT LEE, N.J., June 10 /PRNewswire/ -- The National Inflation Association today announced three shocking new NIAnswers that it has added into its database at http://inflation.us: How come there is so much confusion in the world about the definition of inflation? If inflation is an increase in the money supply, then aren't we currently seeing deflation since the M3 money supply is contracting? NIA's simple definition of inflation is the printing of money. It is the government and the...

2010-04-21 14:02:00

NEW YORK, April 21 /PRNewswire/ -- Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com ), had the following commentary based on recent developments: Friday's news that America's most distinguished and powerful investment firm had been charged with securities fraud by the U.S. Securities and Exchange Commission sent stock and commodity markets sharply lower. Gold was no exception, briefly falling below $1130 an ounce Monday morning from its Friday high...

2009-04-21 09:40:48

Canada's central bank lowered its key lending rate as low as possible Tuesday, cutting it a quarter percentage point to 0.25 percent. In a statement from Ottawa, the Bank of Canada cited continued high uncertainty and weaker-than-expected activity in all major economies as the rationale. Bank policy is that the one-quarter percent lower bound prevents short-term money market disruptions. The statement said despite aggressive monetary and fiscal policy actions among the Group of 20 countries,...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'