[...] NEW YORK, NEW YORK – Central banks have been more active in providing liquidity support for key markets throughout the recent financial market turbulence because well-functioning markets are important for the conduct of monetary policy and the efficient operation of the economy, Bank of Canada Governor Mark Carney said today in a speech to the New York Association for Business Economics. Governor Carney spoke of the principles that central banks should follow to support liquidity in markets. These include limited, selective intervention and the promotion of the sound supervision of liquidity-risk management – principles to which the Bank of Canada has adh [...]