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Home / Inflation has fallen, but the Bank of Canada hasn't backed off rate hikes. Here's why

Inflation has fallen, but the Bank of Canada hasn't backed off rate hikes. Here's why

Posted on July 23, 2023July 23, 2023 by admin

Canada’s inflation rate has returned to the country’s target range after a tumultuous couple of years of soaring prices. Statistics Canada reported on Tuesday that inflation fell to 2.8 per cent in June.
Source: ctv business
Inflation has fallen, but the Bank of Canada hasn’t backed off rate hikes. Here’s why

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