On September 15, COINOTAG reports that growth anxieties have led the Governor of the Bank of Canada to hint at a potential acceleration in **interest rate cuts**. This implies that policymakers might consider a notable 50 basis point reduction if economic expansion falters. Despite an annualized growth of 2.1% in Q2, alarm is rising over the prospect of stagnation due to declining oil prices, increasing unemployment, and lower immigration levels. Central bankers express escalating concerns over the **labor market** and the economic risks posed by falling **crude oil prices**. Source: https://en.coinotag.com/breakingnews/bank-of-canada-signals-potential-50-basis-point-rate-cut-amid-economic-concerns/