Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Committee of Inquiry into the Banking Crisis

Context Phase

1:45 am

Mr. Rob Wright:

In Canada, our central banker - we are a relatively small economy in the world but we are next to the giant, the giant - but we have an independent monetary policy which says here is how we are going to set interest rates and here is how we are going to relate to anything else. The Governor of the Bank of Canada has a great deal of authority for independent action.

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