Bernanke chose to pay interest on bank reserves, which caused banks to hold onto reserves rather than lend them out.
Other Topics
October 17, 2022
10:33AM
Payroll costs across the provincial government sector are poised to increase sharply.
October 12, 2022
11:01AM
In 2021/22, federal personal income tax revenue grew by 6.2 per cent.
October 6, 2022
12:06PM
Under the CCB, the share of total child benefit spending for families with incomes under $60,000 declined from 42.9 per cent to 29.7 per cent.
October 5, 2022
11:00AM
B.C., Nova Scotia and Alberta experienced the strongest employment rebounds during the pandemic.
September 26, 2022
12:21PM
Between February 2020 and July 2022, public-sector employment increased by 366,800 jobs compared to 56,100 jobs in the private sector.
September 22, 2022
9:01AM
Canada's real GDP declined by 11 per cent in the second quarter of 2020.
September 20, 2022
11:57AM
The pipeline carries 540,000 barrels of oil and natural gas liquids per day to Ontario’s four operating refineries in Sarnia.
September 14, 2022
8:00AM
Between 2018 and 2024, the Ford government will increase debt by a forecasted average of $20.7 billion annually.
September 13, 2022
4:00AM
The national employment rate in 2022 was 0.2 percentage points below the rate in 2019.
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