ANALYSIS | The cost of living crisis will drag on even as inflation shows signs of cooling | CBC News
Inflation is decelerating, which should give the Bank of Canada enough wiggle room to pause interest rate hikes. But there's a big difference between things not getting worse and things getting better.
![ANALYSIS | The cost of living crisis will drag on even as inflation shows signs of cooling | CBC News](https://i.cbc.ca/1.4487572.1695762651!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/cash-register-generic.jpg?#)
![](https://i.cbc.ca/1.4487572.1695762651!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/cash-register-generic.jpg)
Inflation is decelerating, which should give the Bank of Canada enough wiggle room to pause interest rate hikes. But there's a big difference between things not getting worse and things getting better.