Business & Finance Bank of Canada head raises prospect of rate cuts as growth fears mount, FT reports Published September 15, 2024 Updated September 15, 2024 10:13am Save Saved 1 min Comments Photo: Reuters By Reuters Add BRecorder as a trusted source on Google 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 Comments are closed for this article. More Stories Pakistan’s trade deficit surges 6% YoY to $3.6bn in September 2026 Govt-opposition talks adjourned till tomorrow after day-long negotiations Pakistan calls Houthi attack on Madinah power station a grave provocation Oil price drops more than 2% on talks over diesel, crude stock releases PSX: KSE-100 settles nearly 500 points lower Cargo stacks up as Pakistan seizes containers to block capital routes Four Pakistani crew rescued after MV Honour 25 hijacking to reach home Saturday: Dar World Bank proposes export-finance products for Pakistan’s EXIM Bank Rupee records gain against US dollar Gold per tola gains Rs2,000 in Pakistan UK offers Pakistan technical assistance for trade and investment Browse all stories
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