August 28th 1998 - Archive - The Globe and Mail

Buried by a falling dollar: With its interest-rate hike, the Bank of Canada has turned a symptom of economic troubles into a cause of worse ones

Buried by a falling dollar: With its interest-rate hike, the Bank of Canada has turned a symptom of economic troubles into a cause of worse ones

Until yesterday morning, the Bank of Canada appeared to be succeeding in the hard but necessary job of limiting the impact of the weak Canadian dollar on monetary policy, focusing instead on the outlook for growth and inflation in the…

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August 28th 1998 - Archive - The Ottawa Citizen

Rate hike leads us into recession

Rate hike leads us into recession

Until yesterday, the Bank of Canada appeared to be succeeding in the hard but necessary job of limiting the impact of the weak Canadian dollar on monetary policy, focusing instead on the outlook for growth and inflation in the Canadian…

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August 10th 1998 - Archive - The Ottawa Citizen

Let’s defend the dollar with lower interest rates

Let’s defend the dollar with lower interest rates

Once again, the Canadian dollar is hitting new lows against the US dollar. And once again, the currency’s slide is prompting calls for the Bank of Canada to defend it with higher interest rates.  If this advice appears a bit…

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August 7th 1998 - Monetary Policy - CD Howe Institute

Let’s Defend the Dollar — With Lower Interest Rates!

Let’s Defend the Dollar — With Lower Interest Rates!

Once again, the Canadian dollar is hitting new lows against the US dollar. And once again, the currency’s slide is prompting calls for the Bank of Canada to defend it with higher interest rates.

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August 1st 1998 - Monetary Policy - CD Howe Institute

Buried by a Falling Dollar: The Bank of Canada’s Misguided Interest Rate Hike Promises Recession

Buried by a Falling Dollar: The Bank of Canada’s Misguided Interest Rate Hike Promises Recession

Until this morning, the Bank of Canada appeared to be succeeding in the hard but necessary job of limiting the impact of the weak Canadian dollar on monetary policy, focusing instead on the outlook for growth and inflation in the…

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