Markets Facing "Sharp Correction" Risks, Warns Bank of Canada Governor and Stress in Financial System

Quick Summary:

In his speech on the release of the Financial Stability Report, Tiff Macklem, Governor of the Bank of Canada, sought to emphasize the purported strength of Canada’s financial system while cautioning against ongoing risks that could precipitate a “sharp correction” in markets, potentially leading to widespread financial strain.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: Crypto

Markets: JapanCanada

Topics: Financial stability Economic volatility Market correction Cryptocurrency News Bytes 1 News Bytes Leverage Banking system Risk management Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-12 @ 05:42:14 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 20941929

View Article Analysis

About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 13 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

Publisher Details

Frequently Asked Questions