Bernanke chose to pay interest on bank reserves, which caused banks to hold onto reserves rather than lend them out.
banking
April 25, 2023
1:00AM
Central Bank Forays Into Unconventional Monetary Policies: Explanation, Assessment, and Implications
June 17, 2022
9:50AM
The Bank of Canada's “easy” policies help explain the current pain at the pumps.
November 26, 2021
9:44AM
Central banks may direct chartered banks to increase lending to borrowers from underrepresented communities.
May 23, 2019
9:44AM
Most plainly, the show tells us about the dangers of unchecked power.
July 4, 2016
3:00AM
Though Canada escaped lightly from the last crisis, we may not be so fortunate in the future.
November 4, 2015
11:48AM
In his book, the former Federal Reserve chairman confesses that the Federal Reserve and the Treasury Department were powerless to prevent Lehman Brothers from failing.
September 26, 2011
6:00PM
After her presentation to the Economic Club in Toronto Monday, Julie Dickson, the Superintendent of Financial Institutions, faced one key issue in questions from the audience: Do bank regulatory reforms in foreign jurisdictions extend beyond that called for in international forums such as the Basel Committee and Financial Stability Board?