March 12, 2024

“Timing Matters: Why it Might be Premature to Loosen Restrictive Monetary Policy”

In the wake of the COVID-19 pandemic, central banks across the globe embarked on a journey of unprecedented monetary stimulus to buoy economies reeling from the impact of lockdowns and economic disruptions. Canada was no exception, with the Bank of Canada (BoC) implementing aggressive measures to support financial markets and stimulate economic activity. However, as signs of recovery emerge, there's a...