... (Division of Monetary Affairs) and Spence Hilton (Federal Reserve Bank of New York), as well as from central bank colleagues at the Reserve Bank of Australia, the Bank of Canada, the Bank of England, ... case studies that form the basis for the findings The eight central banks covered are: the Reserve Bank of Australia, the Bank of Canada, the Bank of England, the European Central Bank, the Bank ... influence, the covariation between monetary policy adjustments and central bank balances, and the extent to which the rate the central bank pays on balances has served as a floor for the short-term market...