Inflation at 2%: the role of monetary policy going forward
Date and Time
Tuesday Nov 26, 2024
9:00 AM - 10:00 AM AST
Location
This event will be held at the Atlantic Technology Centre Theatre in Charlottetown, Prince Edward Island.
176 Great George St., Charlottetown, PE
Fees/Admission
$10 Members / $15 Non-Members Coffee & Tea will be available + a post keynote networking session
Description
Join us for an insightful morning event featuring our keynote speaker, Rhys Mendes, Deputy Governor, Bank of Canada, who will unpack how monetary policy worked to bring inflation down and why it is important to keep inflation near the 2% target. This is a unique opportunity to gain a deeper understanding of the role monetary policy plays in Canada’s economy. Don’t miss it!
Rhys Mendes, Deputy Governor, Bank of Canada
Rhys R. Mendes was appointed Deputy Governor of the Bank of Canada, effective July 2023. In this role, he oversees the Bank’s economic and financial research, its analysis of international economic developments and he serves as the Bank’s G7 and G20 Deputy. As a member of the Bank’s Governing Council, he shares responsibility for decisions with respect to monetary policy and financial system stability and for setting the strategic direction of the Bank.
At the time of his appointment, Mr. Mendes was on secondment to the Department of Finance, where he was serving as Assistant Deputy Minister. Prior to his secondment in 2021, Mr. Mendes had been the Managing Director of the Bank of Canada’s International Economic Analysis Department. He was responsible for the management and strategic direction of the department, providing rigorous and timely analysis of global economic conditions as well as advice on monetary policy and international policy issues. He also led large parts of the Bank’s work to review the monetary policy framework for the 2021 renewal of the inflation-targeting agreement with the Government of Canada.
Mr. Mendes joined the Bank in 2004. He held increasingly senior positions before being appointed as Deputy Managing Director of the Canadian Economic Analysis Department in 2013, Managing Director of Economic and Financial Research in 2016, then Managing Director of International Economic Analysis in 2017. Throughout his career, Mr. Mendes has contributed to development of the Bank’s economic modelling and has been an expert in monetary policy framework design and international economic policy issues.
Born in Richmond Hill, Ontario, Mr. Mendes holds a BA in economics from York University, and an MA and PhD in economics from the University of Toronto.
