Bank of Canada Governor Macklem signals faster pace of rate cuts, Financial Times reports
Bank of Canada Governor Tiff Macklem has signaled the central bank may speed up with pace of interest-rate cuts, the Financial Times reported.
Bank of Canada governor raises prospect of faster rate cuts, FT reports
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.
Bank of Canada’s Macklem Says Deeper Cuts Might Be Warranted If Economy Disappoints
Deeper interest-rate cuts in Canada could be warranted should growth weaken further, says Bank of Canada Gov. Tiff Macklem—a scenario some economists believe will unfold in the coming months.
BoC’s Macklem raises prospect of big rate cuts
Bank of Canada Governor Tiff Macklem said on Sunday that he has opened the door to accelerating the pace of interest rate reductions. Macklem further stated that policymakers could switch to 50 basis point (bps) moves should growth disappoint, per the Financial Times.
Bank of Canada Governor Hints at Accelerated Rate Cuts Amid Economic Slowdown Concerns
Bank of Canada Governor Tiff Macklem suggested that interest rate cuts could accelerate due to concerns over the economy and labor market. After maintaining high rates for a year, the bank has reduced rates by 75
Bank of Canada governor raises prospect of faster rate cuts, says report
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 labour market and the possibility of lower oil prices hitting the economy.
Canadians becoming more optimistic about their finances as Bank of Canada cuts rates
Canadians continue to show more green shoots of optimism regarding their financial prospects as the Bank of Canada cuts interest rates , suggests the most recent results of a survey that tracks how they feel about their money situation and the economy.
The Globe and Mail23h
The inflation war is over. The next battle is just getting started
Two years ago, in a bid to catch up with sharply rising inflation, the Bank of Canada did something that Governor Tiff ...
USD/CAD softens near 1.3550 on bearish US Dollar, investors await BoC’s Macklem speech
The USD/CAD pair attracts some sellers near 1.3560, snapping the two-day winning streak during the early Asian session on Friday. The Greenback edges lower as investors assessed the prospects of ...
Reuters on MSN11h
Bank of Canada: consensus decisions don't mean all members agree on path for rates
The six-member council, which includes Governor Tiff Macklem, announces interest rates eight times a year. Each decision ...
Bank of Canada’s Tiff Macklem warns of price shocks as trade is rewired
Bank of Canada Governor Macklem cautioned governments against using national-security concerns as a ‘pretext for inefficient ...
Canada Yield Curve Disinverts With Fed and Macklem Eyeing Cuts
Canada’s benchmark two-year yield briefly dropped below the 10-year for the first time in more than two years, as traders ...
Canadian yield curve disinverts as Macklem, U.S. Fed eye cuts
The Bank of Canada has already cut rates three times since June, bringing the benchmark overnight rate to 4.25 per cent, and officials have signalled more to come. Economists see mounting weakness in ...
USD/CAD analysis as BoC points to a series of jumbo rate cuts
The USD/CAD exchange rate moved sideways on Monday morning after the Bank of Canada (BoC) governor raised the prospects of ...