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Wilkins: Monetary Policy and the Underwhelming Recovery

From bankofcanada.ca

Good afternoon. Thank you for inviting me. I’m delighted to be here today with this group of accomplished investment professionals. What I will speak about today intertwines your professional world with mine. Let me start with what we’ve all observed: the recovery from the global financial crisis has been underwhelming, to say the least. It has left us debating what kind of growth we can reasonably expect after so much disappointment. It has also left us debating how central banks should conduct monetary policy without compromising financial stability. During the crisis, central banks and governments took ... (full story)

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