Interest Rates 2024 Canada Nz

Interest Rates 2024 Canada Nz. Paul beaudry, former deputy governor of the bank of canada, joins bnn bloomberg to discuss canada's labour market and inflation. Interest rate in canada averaged 5.77 percent from 1990 until 2024, reaching an all time high of 16.00 percent in february of 1991 and a record low of 0.25 percent in april of 2009.

Leading central banks are expected to begin cutting interest rates over the coming year as falling inflation fuels predictions among investors and economists that prices are under control. However analysts had expected a +6.9%.