We know better now: Canada’s Carney
The Bank of Canada turned 75 on Thursday, and Mark Carney, its governor, said the central bank had learned from its mistakes over three quarters of a century.
"Gerald Bouey famously recognised that ‘we did not abandon M1, M1 abandoned us,' before initiating the search for a new monetary anchor," Carney said, referring to the failure of monetarism as acknowledged by Bouey, the fourth governor of the central bank, who led it between 1973 and 1987. "More recently, the Bank has been determined not
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com