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    Bank of Canada head raises prospect of rate cuts as growth fears mount, FT reports

    • September 15, 2024
    • admin

    (Reuters) – Bank of Canada Governor Tiff Macklem opened the door to increasing the pace of interest rate cuts, the Financial Times reported on Sunday.

    Macklem told the newspaper in an interview that rate-setters are concerned about Canada’s labor market and the possibility of lower prices for crude oil hitting the economy.

    This post appeared first on investing.com

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      Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


      By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.
      Popular Topics
      • USD/TRY analysis as Goldman Sachs warns on lira carry trade
      • DXY: Will the US dollar index crash as Morgan Stanley predicts?
      • IAG share price forecast as transatlantic demand starts to recover
      • EUR/USD forecast: carry trade emerges ahead of ECB rate cut
      • China’s manufacturing PMI edges up despite ongoing trade tensions

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