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CommentsDefining “Neutral” Level for Interest Rates a Smoke and Mirrors Game: C.D. Howe InstitutePosted by C.D. Howe Institute on Jul 28, 2011 at 11:52 PM
Natural Hazards: Some Pitfalls on the Path to a Neutral Interest Rate TORONTO, While the Bank of Canada expects the Canadian economy to return to full employment by the middle of 2012, its critics have stressed the need to raise interest rates to a “neutral” value by then to keep inflation stable. But defining this neutral level, normally associated with full employment, is a bit of a smoke and mirrors game, according to a report from the C.D. Howe Institute. More...Post a Comment on: Defining “Neutral” Level for Interest Rates a Smoke and Mirrors Game: C.D. Howe InstituteCommenting is not available in this channel entry. Next entries comments: Road to Niagara Falls Previous entries comments: Democrat Senators Say They Will Refuse to Stop Spending Note from the Editor: This section is for comments from readers of canadafreepress.com. Please don't assume that Canada Free Press agrees with or endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose his or her posting privilege. |
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