Faithin Omaha eBook Collection

Download or read book The Bank of Canada's Monetary Policy Framework written by Ms.Brenda Gonzalez-Hermosillo and published by International Monetary Fund. This book was released on 1997-12-01 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years the Bank of Canada has made important changes in the way it conducts monetary policy. In particular, the bank has adopted explicit inflation targets and introduced significant changes to its operational framework designed to increase transparency and reduce market uncertainty. This paper examines the key issues associated with the recent changes in the Bank of Canada’s monetary policy framework and analyzes various indicators of central bank credibility.