Will Interest Rates Go Down In 2024 Canada

Will Interest Rates Go Down In 2024 Canada. As we keenly observe the central bank and the bank of canada's maneuvers, the big question remains: The bank of canada is continuing to cut its benchmark interest rate, lowering the cost of borrowing as inflation increasingly looks to be under control.

Will interest rates go down in 2024? The bank of canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the central bank’s governor, tiff macklem, told mps.