Inflation’s down. So where are the interest rate cuts?
After two years of aggressive interest rate hikes, inflation is seemingly back under control, causing many Canadians are starting to ask: Where’s the relief? CBC’s Peter Armstrong looks at whether the Bank of Canada has accomplished its goals and what we know about when rates could start to come back down.
![Inflation’s down. So where are the interest rate cuts?](https://thumbnails.cbc.ca/maven_legacy/thumbnails/831/943/MPX_-_ST_ARMSTRONG_INTEREST_RATE__EXPLAINER.jpg)
![](https://thumbnails.cbc.ca/maven_legacy/thumbnails/831/943/MPX_-_ST_ARMSTRONG_INTEREST_RATE__EXPLAINER.jpg)
After two years of aggressive interest rate hikes, inflation is seemingly back under control, causing many Canadians are starting to ask: Where’s the relief? CBC’s Peter Armstrong looks at whether the Bank of Canada has accomplished its goals and what we know about when rates could start to come back down.