By Guido Franco and Filiz Unsal, OECD. Over the past decades, productivity growth has experienced a significant slowdown across most… Read More »Monetary policy and productivity: Unpacking multifaceted links
by Lucia Quaglietti, Economist, Macroeconomic Policy Division, OECD Economics Department Credit conditions across OECD countries have tightened sharply in recent… Read More »What explains the ongoing credit slowdown in advanced economies?
by Almira Enders and Dennis Dlugosch, OECD Economics Department The current monetary policy tightening cycle observed in many countries stands… Read More »Monetary policy and credit standards: this time it’s different
By Nobukazu Ono and Álvaro Pina, OECD Economics Department After recording sizeable gains from quantitative easing (QE) over most of… Read More »Do central bank losses matter?
Ane Kathrine Christensen and Lucia Quaglietti, OECD Economics Department Policy interest rates have risen at an unusually rapid pace since… Read More »Monetary policy pass-through to bank credit conditions: progressing fast
The latest Economic Survey finds Canada needs to tame inflation, further build fiscal buffers,
strengthen productivity and prioritise the green transition.
Quantitative tightening is likely to raise long-term interest rates, but the size of the impact is uncertain.
Financial stress among households should remain contained despite rising mortgage rates, but inflation pressures increase risks for vulnerable borrowers.
by Catherine L. Mann OECD Chief Economist and Head of the Economics Department Welcome to the OECD… Read More »Unsatisfactory global growth: A call to policy action!