Weekend – Bank of Canada governor raises prospect of faster rate cuts FT reports

September 15, 2024 at 09:16PM
Bank of Canada Governor Tiff Macklem spoke in an interview with the Financial Times.

FT is gated, but in very brief Macklem expressed concern about the labor market:

“labor market is pointing to some downside risks”

“As you get closer to the target … You become more concerned about the downside risks”

Those snippets via Reuters.

This article was written by Eamonn Sheridan at www.forexlive.com.

Weekend – Bank of Canada governor raises prospect of faster rate cuts FT reports