How monetary policy works: FB12-7/15-2012E-PDF

the transmission of monetary policy.

"The “transmission” of monetary policy is the process by which changes in the Bank of Canada’s policy interest rate work their way through the economy, ultimately to affect the rate of inflation. The process is complex, and there is some uncertainty about the timing and the relative importance of specific linkages"--p. [1].

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Department/Agency Bank of Canada.
Title How monetary policy works
Subtitle the transmission of monetary policy.
Series Title Backgrounders
Publication Type Series - View Master Record
Language [English]
Other Language Editions [French]
Format Electronic
Electronic Document

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Note "April 2012." Title from caption. Issued also in French under title: Fonctionnement de la politique monétaire : le mécanisme de transmission.
Date c2012.
Number of Pages [3] p.
Catalogue Number
  • FB12-7/15-2012E-PDF
Subject Terms Monetary policy, Inflation, Interest rates, Banks