Reported about 17 hours ago
In December 2024, Canada's inflation rate decreased to 1.8%, staying within the central bank's target range for the first time since 2019, largely due to a temporary sales tax break on food and beverages. Despite this moderation, uncertainties loom on the horizon, notably from potential US tariffs, prompting discussions among economists about the Bank of Canada's next policy moves amidst concerns about consumer spending and economic growth.
Source: YAHOO