FP Answers: Why is the Bank of Canada losing money and does it matter? via financialpost
Higher interest rates will eventually take the heat out of inflation: the consumer price index increased 6.9 per cent in October from a year earlier, down from 8.1 per cent this summer, suggesting price pressures are starting to recede.Article content
“Low inflation is a public good,” Macklem told the finance committee. “We run monetary policy to deliver low and stable inflation,” not to make a profit, he said.Photo by Adrian Wyld/The Canadian Press The size of losses that will ultimately be the responsibility of taxpayers to cover could raise concerns about the Bank of Canada’s independence, since it will need some kind of bailout from Trudeau’s government. Macklem assured the finance committee that the losses would be temporary, but red ink could also make for an easy way for critics to cast doubt on the central bank’s credibility and competence.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Royal Bank of Canada to acquire HSBC Canada for C$13.5 billion in cashRoyal Bank of Canada undefinedundefined said Tuesday it has reached an agreement to acquire HSBC Canada undefinedundefined for C$13.5 billion ($10.1 billion)...
続きを読む »
HSBC Set to Sell Canadian Arm to Royal Bank of Canada for $10 BillionRBC said the deal, expected to close by late 2023, will enhance its competitiveness on the global stage.
続きを読む »
HSBC to sell Canada business to RBC for $10 blnHSBC has agreed to sell its business in Canada to Royal Bank of Canada for $13.5 billion Canadian dollars ($10.04 billion) in cash.
続きを読む »
Caps have no answers for old friend Vitek Vanecek or new star Jack HughesWashington's former goalie stopped 38 of 39 shots and New Jersey's Jack Hughes tallied a natural hat trick in a 5-1 win over the visitors.
続きを読む »