Canada Inflation Projection 2024. The bank of canada has held its key interest rate steady at five per cent since july, waiting for more evidence that inflation is getting closer to two per cent. Inflation is expected to reach 2 per cent by the end of 2024.
Inflation has continued to cool since the central bank’s latest rate decision in april,. Global headline inflation is expected to fall to 5.8 percent in 2024 and to 4.4 percent in 2025, with the 2025 forecast revised down.
Higher Interest Rates Are Working To Ease Price Pressures In Canada And Inflation Is Coming Down, Though Progress To The 2% Target Is Slow.
Audio , audio (with interpretation) media availability on june 5, 2024 / point de presse le 5 juin 2024.
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The Bank Of Canada Has Held Its Key Interest Rate Steady At Five Per Cent Since July, Waiting For More Evidence That Inflation Is Getting Closer To Two Per Cent.
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Global Headline Inflation Is Expected To Fall To 5.8 Percent In 2024 And To 4.4 Percent In 2025, With The 2025 Forecast Revised Down.
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The Cpi For May Will Be Released On June 25.
Canadian economic growth will be.