BoC governor raises prospect of faster rate cuts
September 16, 2024 00:00:00
OTTAWA, Sept 15 (Reuters): Bank of Canada Governor Tiff Macklem has opened the door to stepping up the pace of interest rate cuts, the Financial Times reported on Sunday.
Macklem told the newspaper in an interview that rate-setters are concerned about Canada's labor market and the possibility of lower oil prices hitting the economy.
