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    <marc:controlfield tag="001">9.847837</marc:controlfield>
    <marc:controlfield tag="003">CaOODSP</marc:controlfield>
    <marc:controlfield tag="005">20250821075103</marc:controlfield>
    <marc:controlfield tag="007">cr |||||||||||</marc:controlfield>
    <marc:controlfield tag="008">171127s2017    oncd   #ob   f000 0 eng d</marc:controlfield>
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      <marc:subfield code="a">FB3-7/2017-22E-PDF</marc:subfield>
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      <marc:subfield code="a">The impacts of monetary policy statements </marc:subfield>
      <marc:subfield code="h">[electronic resource] / </marc:subfield>
      <marc:subfield code="c">by Bruno Feunou ... [et al.].</marc:subfield>
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    <marc:datafield tag="260" ind1=" " ind2=" ">
      <marc:subfield code="a">Ottawa : </marc:subfield>
      <marc:subfield code="b">Bank of Canada, </marc:subfield>
      <marc:subfield code="c">c2017.</marc:subfield>
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    <marc:datafield tag="300" ind1=" " ind2=" ">
      <marc:subfield code="a">ii, [7] p. : </marc:subfield>
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      <marc:subfield code="a">Staff analytical note = Note analytique du personnel, </marc:subfield>
      <marc:subfield code="x">2369-9639 ; </marc:subfield>
      <marc:subfield code="v">2017-22</marc:subfield>
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      <marc:subfield code="a">Title from cover.</marc:subfield>
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      <marc:subfield code="a">Includes bibliographical references.</marc:subfield>
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      <marc:subfield code="a">"In this note, we find that market participants react to an unexpected change in the tone of Canadian monetary policy statements. When the market perceives that the Bank of Canada plans to tighten (or alternatively, loosen) the monetary policy earlier than previously expected, the Canadian dollar appreciates (or depreciates) and long-term Government of Canada bond yields increase (or decrease). The tone of a statement is particularly relevant to the market when the policy rate has been unchanged for some time."--Abstract, p. ii.</marc:subfield>
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      <marc:subfield code="a">Text in English, abstract in English and French.</marc:subfield>
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      <marc:subfield code="2">gccst</marc:subfield>
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      <marc:subfield code="2">gccst</marc:subfield>
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      <marc:subfield code="2">gccst</marc:subfield>
      <marc:subfield code="a">Market analysis</marc:subfield>
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      <marc:subfield code="a">Feunou, Bruno.</marc:subfield>
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      <marc:subfield code="a">Bank of Canada.</marc:subfield>
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      <marc:subfield code="a">Staff analytical note (Bank of Canada)</marc:subfield>
      <marc:subfield code="x">2369-9639 ; </marc:subfield>
      <marc:subfield code="v">2017-22.</marc:subfield>
      <marc:subfield code="w">(CaOODSP)9.807323</marc:subfield>
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      <marc:subfield code="q">PDF</marc:subfield>
      <marc:subfield code="s">413 KB</marc:subfield>
      <marc:subfield code="u">https://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-7-2017-22-eng.pdf</marc:subfield>
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