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Thursday, March 30, 2023

Fundamental: The Bank of Canada’s Balance Sheet Plans and Implications for the Policy Rate

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Alert Alert Mar 30, 2023, 7:19am
 
Fundamental: The Bank of Canada's Balance Sheet Plans and Implications for the Policy Rate
The Bank of Canada delivered a useful speech about how it intends to manage its balance sheet and did so just one day after the Federal Budget. BoC observers should treat it as required reading (here). It helps to lay out the guideposts for targeted liquidity within the system, targeted bond holdings and hence support for the bond market, and with potential ...
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