The central bank is expecting Canada's inflation rate to hover around three per cent for the next year, before steadily declining to the two per cent target by mid-2025.
The central bank is expecting Canada’s inflation rate to hover around three per cent for the next year, before steadily declining to the two per cent target by mid-2025.
The International Monetary Fund said that inflation "seems to have peaked" in 2022, and core inflation, while also easing, remains above targets in most G20 countries.