Sentences with phrase «use of unconventional monetary policy»

The Bank of Canada is applying lessons from the global financial crisis as it updates its framework for the use of unconventional monetary policy measures, Governor Stephen S. Poloz said.

Not exact matches

Advanced and developing economies have done a good job managing the implications of unconventional monetary policies, she said, using a phrase that often describes asset purchases by a central bank to support growth.
One of its most controversial has been the use of so - called unconventional monetary policy, chiefly three rounds of quantitative easing (or QE, beautifully explained in this clip) from 2008 to 2014.
Yet this isn't the first time in the present campaign that the Conservatives themselves have trespassed on traditional Bank of Canada terrain. On July 22 Joe Oliver publicly rejected the use of quantitative easing in Canada (the unconventional credit - expanding strategy that has been used successfully in the US, the UK, and now Europe) despite dimming economic projections here. Decisions about the use of QE should, in theory, be the purview of the central bank. Several economists publicly questioned Oliver's statement, noting that it throws into question the Bank's future decisions on monetary policy.
A non-standard monetary policy — or unconventional monetary policy — is a tool used by a central bank or other monetary authority that falls out of line with traditional measures.
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