Bank of Canada Raises 2027 Inflation Forecast to 3.1%
The Bank of Canada lifted its 2027 inflation forecast to 3.1% from 2.0% in July, citing persistently higher energy costs. It expects inflation to ease to 2.2% in 2028.
The Bank of Canada lifted its 2027 inflation forecast to 3.1% from 2.0% in July, citing persistently higher energy costs. It expects inflation to ease to 2.2% in 2028.