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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
      • Australia’s looming climate crisis: report warns of intensifying extreme events
      • Singapore’s new home sales hit 9-month high in August
      • Sainsbury’s shares hit four-year high as Argos sale talks with JD.com collapse
      • US and Europe’s continued trade with Russia raises sanction efficacy questions
      • The FTSE 100 Index has been in a strong uptrend in the past few months

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