[资本市场和金融机胆构]0.pptVIP

Ch. 7 Monetary Policy: Tools,Goals and Targets (by Mishkin et al. 2004 Ref. book) General Overview Role of BofC “To promote economic and financial well-being of Canada” by achieving specified goals, mainly low and stable inflation. How? Mostly through Monetary Policy via manipulation of interest rates and money supply. Outline 7.1 Bank of Canada: Balance Sheet 7.2 Monetary policy: Basic Concepts 7.3 The Market For Settlement Balances And The Overnight Rate 7.4 Tools of Monetary Policy 7.5 Goals of Monetary Policy 7.6 Targets of monetary policy 7.7 Conclusions 7.1 Bank of