Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut
OTTAWA — Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based slowdown in price growth, boosting expectations of an interest rate cut next month. Statistics Canada said the slowdown from 2.
![Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut](https://www.vmcdn.ca/f/files/shared/feeds/cp/2024/05/20240517150540-383d41f361f1387c1238bb18a22b1b4de3ff0766afc1770916ba6470b0dda0fe.jpg;w=650;h=433;mode=crop?#)
![](https://www.vmcdn.ca/f/files/shared/feeds/cp/2024/05/20240517150540-383d41f361f1387c1238bb18a22b1b4de3ff0766afc1770916ba6470b0dda0fe.jpg;w=650;h=433;mode=crop)
OTTAWA — Canada’s annual inflation rate fell to 2.7 per cent in April amid a broad-based slowdown in price growth, boosting expectations of an interest rate cut next month. Statistics Canada said the slowdown from 2.