In practice, the Bank of Canada implements its monetary policy by

Name: In practice, the Bank of Canada implements its monetary policy by
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The Bank of Canada implements its monetary policy by directly influencing the overnight interest rate through adjustments in its target for the overnight rate. By setting the overnight rate target, the Bank of Canada can influence other interest rates in the economy, affecting borrowing and lending decisions and ultimately affecting economic activity and inflation.

In Practice, the Bank of Canada Implements Its Monetary Policy