2024 Inflation Rate Canada 2024. Since central banks around the world swiftly increased interest rates, inflation in canada has come down from its june 2022 peak of 8.1 per cent to 2.8 per cent in february 2024. Bank of canada governor tiff macklem participates in a news conference on the bank's interest rate announcement, in ottawa, on wednesday, sept.
The bank of canada started reducing the benchmark overnight rate in june, and has since lowered it by 25 basis points at its july and september meetings, bringing. Bank of canada governor tiff macklem takes part in a press conference, after cutting key interest rate, in ottawa, ontario, canada september 4, 2024.