Business & Finance Bank of Canada head raises prospect of rate cuts as growth fears mount, FT reports Reuters Published September 15, 2024 Facebook Twitter Whatsapp Comments Photo: Reuters Follow us Bank of Canada Governor Tiff Macklem opened the door to increasing the pace of interest rate cuts, the Financial Times reported on Sunday. Bank of Canada cuts rates for third time in a row, frets over weak growth 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. Crude Oil Bank of Canada canada economy Governor Tiff Macklem Comments 200 characters Markets KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points Bank of Canada head raises prospect of rate cuts as growth fears mount, FT reports At least 38 people killed in gun attack on passenger vans in KP’s Kurram District Rupee marginally improves against US dollar ICC issues arrest warrants for Israel’s Netanyahu, Gallant ATC approves Imran Khan’s five-day physical remand in vandalism case Pakistan’s IT minister Shaza Fatima defends internet restrictions, says security comes first SBP-held foreign exchange reserves increase $29mn, now stand at $11.29bn Gaza health ministry says war death toll at 44,056 Russia fires intercontinental ballistic missile in attack on Ukraine, Kyiv says Indian tycoon Gautam Adani charged in US over $265 million bribery scheme Oil jumps as Russia-Ukraine missile exchange outweighs US crude stocks Read more stories
Markets KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points
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