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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
      • China halts Google antitrust probe, turns spotlight on Nvidia amid US trade talks, says report
      • Next stock slides on UK job warning, guidance pause, but analysts see resilience
      • Gold eases from record highs post Fed rate cut; more selling on the horizon?
      • USD/NOK: Why Norwegian krone is surging after Norges Bank cut
      • FTSE 100 Index: Set to crash after BoE despite Rolls-Royce share price gains

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