CAD Gov Council Member Vincent Speaks
BOC Governing Council members are responsible for setting the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;
Governing Council member Mar 2023 - Feb 2025;
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Expected Impact / Date | Description |
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Oct 3, 2023 | Due to speak about the Canadian economy at the Chamber of Commerce of Metropolitan Montreal. Audience questions expected; |
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- CAD Gov Council Member Vincent Speaks News
Pricing practices and monetary policy — External Non-executive Deputy Governor Nicolas Vincent speaks before The Chamber of Commerce of Metropolitan Montreal. (08:40 (ET) approx.).
When COVID-19 restrictions lifted worldwide, demand for goods and services outstripped supply. Russia’s invasion of Ukraine added to the constraints. With input costs rising and customers willing to pay more, firms were able to raise prices more often—and by larger amounts—than usual. In ordinary times, prices are sticky. Companies typically don’t adjust prices often, even if input costs change or consumer demands shift. Why not? Because it can be expensive to change prices: Managers need to assess input costs and consumer demand. ...
Released on Oct 3, 2023 |
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