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

  • Bank of Canada Governor Tiff Macklem spoke ith the Financial Times

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.

Macklem Sept 10 -2
Macklem Sept 10, 2024

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