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008261013e20260929onc     ob   f|0| 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
043 |an-cn---
0861 |aFB3-8/2026-45E-PDF
1001 |aMcRae, Kaetlynd, |eauthor.
24510|aWhat happens after Governing Council sets the target for the policy interest rate : |binside the implementation framework that makes monetary policy work / |cKaetlynd McRae.
264 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |cSeptember 29, 2026.
264 4|c©2026
300 |a1 online resource (ii, 20 pages)
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff analytical paper = |aDocument analytique du personnel, |x3110-9195 ; |v2026-45
500 |aIssued also in French under title: Ce qui se passe une fois que le Conseil de direction a établi la cible du taux directeur : tour d’horizon du cadre de conduite de la politique monétaire.
504 |aIncludes bibliographical references.
520 |a"What happens after Governing Council sets the target for the policy interest rate? Setting the target rate is the most visible part of monetary policy, but it is only the first step in transmitting the rate decision to the Canadian economy. This paper explains how the Bank of Canada uses its monetary policy implementation framework (MPI) to ensure that the rate decision is reflected in financial markets by keeping short-term interest rates close to the target policy rate"--Abstract, page ii.
650 0|aInterest rates|zCanada.
650 0|aMonetary policy|zCanada.
7102 |aBank of Canada, |eissuing body.
77508|tCe qui se passe une fois que le Conseil de direction a établi la cible du taux directeur : |w(CaOODSP)9.966699
830#0|aStaff analytical paper (Bank of Canada)|x3110-9195 ; |v2026-45.|w(CaOODSP)9.958938
85640|qPDF|s524 KB|uhttps://publications.gc.ca/collections/collection_2026/banque-bank-canada/FB3-8-2026-45-eng.pdf