Sunday , February 5 2023
Home / SNB & CHF / BOC’s Rogers: We are not where we were in July, but a long way from where we need to be

BOC’s Rogers: We are not where we were in July, but a long way from where we need to be

Summary:
Bank of Canada’s Senior Deputy Gov. Carolyn Rogers: We are not where we were in July, but we are a long way from where we need to be Bank has seen early signs monetary policy is working the bank still sees a path to a stop to soft landing, that’s still our objective neutral territory is a range, it’s an estimate, there is no magic formula There has been a lot of central banks speak from the Swiss National Bank to the Federal Reserve to the ECB, and now additional comments from Bank of Canada. Overall, the currencies are somewhat muted in the response. [embedded content] Tags: central-banks,Featured,newsletter

Topics:
Greg Michalowski considers the following as important: , , , ,

This could be interesting, too:

Jacob G. Hornberger writes How the Constitution Constrained Federal Spending and Debt

Scott B. Nelson writes The Elusive International Order

Sound Money Defense League News writes Central Banks Turn to Gold as Losses Mount

Swissinfo writes Swiss medicine sales to Russia hit 30-year high

BOC’s Rogers: We are not where we were in July, but a long way from where we need to be

Bank of Canada’s Senior Deputy Gov. Carolyn Rogers:

  • We are not where we were in July, but we are a long way from where we need to be
  • Bank has seen early signs monetary policy is working
  • the bank still sees a path to a stop to soft landing, that’s still our objective
  • neutral territory is a range, it’s an estimate, there is no magic formula

There has been a lot of central banks speak from the Swiss National Bank to the Federal Reserve to the ECB, and now additional comments from Bank of Canada. Overall, the currencies are somewhat muted in the response.


Tags: ,,

Leave a Reply

Your email address will not be published. Required fields are marked *