Financial Stability and Interest-Rate Policy

Financial Stability and Interest-Rate Policy
Author :
Publisher : International Monetary Fund
Total Pages : 29
Release :
ISBN-10 : 9781475522679
ISBN-13 : 1475522673
Rating : 4/5 (673 Downloads)
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Book Synopsis Financial Stability and Interest-Rate Policy by : Mr.Andrea Pescatori

Download or read book Financial Stability and Interest-Rate Policy written by Mr.Andrea Pescatori and published by International Monetary Fund. This book was released on 2016-03-21 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should monetary policy use its short-term policy rate to stabilize the growth in household credit and housing prices with the aim of promoting financial stability? We ask this question for the case of Canada. We find that to a first approximation, the answer is no— especially when the economy is slowing down.


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