Monetary Policy Archives - Crusoe Economics

Inflation, Asset Prices, and the Policy Mechanism, Explained

To the casual observer it may seem absurd to suggest that the recent run-up in both inflation and asset prices is primarily a

With the Bank of England recently serving notice to its commercial banking sector that negative interest rates could soon be on its way,

ABSTRACT This paper provides a general understanding of the process by which the Bank of Canada (BoC) creates money through large scale asset

Given the recent unprecedented actions taken by both the Government of Canada and the Bank of Canada in response to the pandemic, it

As regular readers are no doubt aware, I’ve often argued against the notion that QE operations conducted by the Bank of Canada are