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 New record: KSE-100 crosses 97,000 mark as investors dismiss political noise 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 and Hamas leader ATC approves Imran Khan’s five-day physical remand in vandalism case Indian tycoon Gautam Adani charged in US over $265 million bribery scheme Oil up on Russia-Ukraine missile exchange, outweighing US crude stock rises Thatta Cement rejects ‘abrupt shutdown’ claims, says plant remains fully operational Gold price per tola increases Rs3,700 in Pakistan CASA-1000 power transmission system: JWG holds meeting with World Bank, IFI reps in Turkiye today Un-registered rich people: FBR finalises plan to take action Read more stories
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