Current Questions About Banking
Publication
The Empire Club of Canada Addresses (Toronto, Canada), 13 Nov 1980, p. 102-115
Comments (0)
Be the first to comment on this record.
Add your own comment.
Is it OK to make your name public?
Is it OK to make your comment public?
Powered by / Alimenté par VITA Toolkit




My favourites lets you save items you like, tag them and group them into collections for your own personal use. Viewing "My favourites" will open in a new tab. Login here or start a My favourites account.

thumbnail








Current Questions About Banking


Answers to the following questions about banking in Canada. Why are interest rates so high? Why doesn't Canada have a more independent monetary policy so that interest rates here don't have to move so closely in lock-step with those in the United States? Why is the Bank of Canada so concerned about inflation rather than unemployment when the economy is in a period of recession or slow growth? What used to control inflation? Where does monetary policy come into the picture? What level of activity and employment in the economy is compatible with a declining trend rate of inflation? What are the factors that tend to make cost and price increases unresponsive to a slower growth rate of total spending? Why doesn't the Bank of Canada bring down interest rates? Are the bank's policies based on oversimplistic monetarist theories? Policies of the Bank of Canada. The battle against inflation.