297-370, https://www.kansascityfed.org/publicat/sympos/2001/papers/S02wood.pdf; and Alan S. Blinder, Michael Ehrmann, Marcel Fratzscher, Jakob De Haan, and David-Jan Jansen (2008), “Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence,” Journal of Economic Literature, vol. 46 (December), pp. 910-45.
As I do this, I will be referring to some of the same terms and concepts that I have identified in my remarks today as important in helping the Bank tell a coherent story about the conduct of monetary policy. Canada’s economic growth in the first half of this year was somewhat stronger than the Bank had been expecting.