Canadian senators call for greater transparency from central bank
Committee also says quantitative easing may have been overly “aggressive”
A committee of the Canadian Senate urged the Bank of Canada to increase its transparency, in a report published on February 14.
“The Bank of Canada should be more transparent and periodically make public its assessment of the effect of its interventions on inflation and on the evolution of key economic indicators,” the report said.
Responding to similar calls for transparency, the Bank of Canada released minutes of its monetary policy meeting for the first time on February 8. The minutes
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