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Dec 31, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Business & Finance

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

Reuters Published September 15, 2024
Photo: Reuters
Photo: Reuters

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

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