We show how Canadian interest rates, the CAD/USD spot exchange rate, and stock market returns react to both U.S. and domestic macro announcements using almost two decades[...]

In March 2020, the Bank of Canada implemented the Government of Canada Bond Purchase Program, eventually purchasing approximately $340 billion of government bonds. In thi[...]

Using household-level data from the Canadian Survey of Consumer Expectations over 2014Q4– 2022Q3, we provide insight into the formation of expectations for inflation, wag[...]

Using household-level data from the Canadian Survey of Consumer Expectations over 2014Q4–2023Q2, we study wage growth expectations and their link with inflation expectati[...]

We study soft information contained in congressional testimonies by the Federal Reserve Chairs and analyze its effects on financial markets. Using machine learning, we co[...]

Supplementary material for "More Than Words: Fed Chairs’ Communication During Congressional Testimonies" by Michelle Alexopoulos, Xinfen Han, Oleksiy Kryvtsov, Xu Zhang ([...]