Analysts expect inflation continued its downward trend in September as the central bank is set to keep cutting interest rates later this month. A magnifying glass enlarges the holographic image of Parliament Hill's Peace Tower on a $20 bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, on Wednesday, Sept. 4, 2024. THE CANADIAN PRESS/Justin Tang

Economists predict inflation dipped below two per cent in September

by The Canadian Press October 15, 2024

written by The Canadian Press October 15, 2024

By Rosa Saba Economists expect inflation continued its downward trend last month, giving the Bank of Canada the all-clear to continue cutting its benchmark interest rate. “We are looking for headline inflation to cool below the bank’s two-per-cent target in September,” said BMO economist Shell...

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Economy Inflation

The Canadian Press

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Economists predict inflation dipped below two per cent in September

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