000
| 01681cam 2200313za 4500 |
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001 | 9.847837 |
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003 | CaOODSP |
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005 | 20221107153531 |
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007 | cr ||||||||||| |
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008 | 171127s2017 oncd #ob f000 0 eng d |
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040 | |aCaOODSP|beng |
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041 | |aeng|bfre |
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043 | |an-cn--- |
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086 | 1 |aFB3-7/2017-22E-PDF |
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245 | 04|aThe impacts of monetary policy statements |h[electronic resource] / |cby Bruno Feunou ... [et al.]. |
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260 | |aOttawa : |bBank of Canada, |cc2017. |
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300 | |aii, [7] p. : |bgraphs |
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490 | 1 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2017-22 |
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500 | |aTitle from cover. |
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504 | |aIncludes bibliographical references. |
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520 | |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. |
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546 | |aText in English, abstract in English and French. |
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692 | 07|2gccst|aEconomic indicators |
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692 | 07|2gccst|aMonetary policy |
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692 | 07|2gccst|aMarket analysis |
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700 | 1 |aFeunou, Bruno. |
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710 | 2 |aBank of Canada. |
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830 | #0|aStaff analytical note,|x2369-9639 ; |v2017-22.|w(CaOODSP)9.807323 |
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856 | 40|qPDF|s413 KB|uhttps://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-7-2017-22-eng.pdf |
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