Tag: BMO economist

• Canadian Inflation Drops to 1.6% in September – A Big Rate Cut Might Be Coming

  

  In September, Canada’s inflation rate dropped to 1.6%, the lowest it’s been since February 2021. This decrease is mainly due to falling gas prices and is raising hopes that the Bank of Canada will cut interest rates to help boost the economy. Many economists are now predicting that at the Bank of Canada’s next meeting…

  Kaleylangille

  October 16, 2024

  Uncategorized

  bank of canada, BMO economist, borrowing costs, Canadian economy, Canadian inflation, consumer confidence, economic outlook, economics, economy, finance, inflation, inflation September 2024, inflation target, interest rate cut, interest rates Canada, interest-rates, mortgage rates, rate cut prediction, real estate market