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