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
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
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
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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March 3rd 1998 - Archive - The Ottawa Citizen
Sliding away from debt reduction
The recent federal budget has properly been hailed as a landmark. It ends 30 years of profligate spending, irresponsible deficits, and rising interest costs. This is an achievement worth celebrating. We should not, however, let the celebrations of the present…
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