The impacts of monetary policy statements / by Bruno Feunou ... [et al.]. : FB3-7/2017-22E-PDF
"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.
Lien permanent pour cette publication :
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| Ministère/Organisme | Bank of Canada. |
|---|---|
| Titre | The impacts of monetary policy statements / by Bruno Feunou ... [et al.]. |
| Titre de la série | Staff analytical note = Note analytique du personnel, 2369-9639 ; 2017-22 |
| Type de publication | Série - Voir l'enregistrement principal |
| Langue | [Anglais] |
| Format | Électronique |
| Document électronique | |
| Note(s) | Title from cover. Includes bibliographical references. Text in English, abstract in English and French. |
| Information sur la publication | Ottawa : Bank of Canada, c2017. |
| Auteur / Contributeur | Feunou, Bruno. |
| Description | ii, [7] p. : graphs |
| Numéro de catalogue |
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| Descripteurs | Economic indicators Monetary policy Market analysis |