When will Canada’s high interest rates drop?
Families and businesses seeking relief from the pressures of high interest rates would love to know when the Bank of Canada is going to start lowering rates. Despite a slowdown in price increases compared to 2022, core measures of inflation, including the Consumer Price Index (CPI), remain above the Bank of Canada’s target range of 1-3%.
Families and businesses seeking relief from the pressures of high interest rates would love to know when the Bank of Canada is going to start lowering rates. Despite a slowdown in price increases compared to 2022, core measures of inflation, including the Consumer Price Index (CPI), remain above the Bank of Canada’s target range of 1-3%.
