Will a new Bank of Canada governor shake up interest rates?

Dean Karlan


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Dean Karlan is president of Innovations for Poverty Action, a non-profit organization that creates and evaluates solutions to social and development problems, and works to scale-up successful ideas through implementation and dissemination to policymakers, practitioners, investors and donors. He is a professor of economics at Yale University. As a social entrepreneur, Karlan is founder and president of stickK.com, a web start-up dedicated to using lessons from behavioral economics to help people reach personal goals, such as weight loss, through commitment contracts. Karlan received a Presidential Early Career Award for Scientists and Engineers, and was named an Alfred P. Sloan Fellow. His research focuses on microeconomic issues of financial decision-making, specifically employing experimental methodologies to examine what works, what does not, and why in interventions in microfinance, health, behavioral economics and charitable giving. In the area of microfinance, he has studied credit impact, interest rate policy, savings product design, credit scoring policies, entrepreneurship training, and group versus individual liability. Karlan received a Ph.D. in Economics from M.I.T., an M.B.A. and an M.P.P. from the University of Chicago, and a B.A. in International Affairs from the University of Virginia.

Will a new Bank of Canada governor shake up interest rates?
Mark Carney's successor as governor of the Bank of Canada is not expected to implement a radical change in interest rate policy and most likely will hold the current underlying philosophy, which includes a hawkish attitude toward inflation. Speculation …
Read more on CBC.ca

Singapore interest rates may remain low
Singapore: Singapore said its interest rates will probably remain low as monetary policy in advanced nations stays accommodative, raising the risk that expectations of depressed borrowing costs will become entrenched. Companies in the city state are …
Read more on Times of Oman

Hungary Delivers Fourth Interest-Rate Cut as Recession Bites
Hungary's central bank cut its main interest rate for a fourth time in as many months and indicated more reductions as a deepening recession outweighed the European Union's fastest inflation and a credit downgrade. The Magyar Nemzeti Bank today reduced …
Read more on Businessweek

Fed's Evans tweaks rate vow idea
WASHINGTON (MarketWatch) — As the Federal Reserve mulls changes to its communication policy, Chicago Fed President Charles Evans on Tuesday tweaked his view on what conditions should be in place before interest-rate hikes can begin. In a speech …
Read more on MarketWatch

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