Bank Of Canada Interest Rate Forecast 2024

Bank Of Canada Interest Rate Forecast 2024. Ted mallett, director of economic forecasting at conference board of canada, joins bnn bloomberg and talks about canada's gdp is. Find interest rates, along with supporting data and background information.

Forecasters are expecting rate cuts from the bank of canada in 2024, but there are risks to the inflation outlook that could put that timeline in jeopardy. We anticipate the bank of canada (boc) will start reducing interest rates around midyear, as canadian inflation slows toward its target.