資本市場和金融機(jī)構(gòu)(7)-文庫吧
2025-04-23 02:19 本頁面
【正文】 en to % (March 2, 2021), and 2% on Apr13, 2021. It increased to % on May 13, 2021, % on Jan 24, 2021. Currently is % (May 7, 2021). Should bank of Canada leave interest rates alone? [Do we need central banks?] 3 Reason why BofC sets a target overnight interest rate ? “ In choosing a Target for the Overnight Rate, the Bank of Canada picks a level that it feels will keep future inflation low, stable and predictable. Keeping inflation low and stable helps provide a good climate for – sustainable economic growth, – investment and – job creation” [Source: ] 4 Functions of the Bank of Canada ? 1. Bank Note Issuer – Only provider of paper money ? 2. Government Debt and Asset Management Service – Administration of government debt , such as the payment of interest and principal. – Administration of foreign currency reserves – Intervention in the FX markets ? 3. Central Banking Services – Lender of last resort? to prevent ban
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