00000cam 2200000zi 4500 9.962950 CaOODSP 20260525150412 m o d f cr |n||||||||| 260521e20260515oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-8/2026-16E-PDF Witmer, Jonathan, 1975- author. Communicating the future direction of policy / Jonathan Witmer [and] Monica Jain. [Ottawa] : Bank of Canada = Banque du Canada, May 15, 2026. ©2026 1 online resource (iii, 32 pages) : charts. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff analytical paper = Document analytique du personnel, 3110-9195 ; 2026-16 Cover title. Includes bibliographical references. "The goal of this note is to consider possible ways to provide more information on policy reaction functions—how the policy interest rate may be changed in light of changing economic conditions—including through the publication of a policy path. In discussing various approaches, the note touches on the important issue of whose views are being presented: central bank staff, policy decision makers, or others. The note suggests that one approach to distinguish among different points of views is to differentiate between material presented to policymakers as inputs to their deliberations versus views of policymakers themselves. An important consideration is the governance structure and consensus-based decision-making process at the Bank of Canada (BoC)"--Introduction, page 1. Includes abstract in French. Monetary policy Canada. Politique monétaire Canada. Bank of Canada, issuing body. Staff analytical paper (Bank of Canada) 3110-9195 ; 2026-16. (CaOODSP)9.958938 PDF 1.00 MB https://publications.gc.ca/collections/collection_2026/banque-bank-canada/FB3-8-2026-16-eng.pdf