Rate Of Inflation 2024 Canada Vs Us

Rate Of Inflation 2024 Canada Vs Us. The impacts of rising interest rates have been more severe in canada than in the u.s. Inevitably, uncertainty surrounds estimates of an unobservable variable such as the neutral rate of interest.

The cpi is widely used as an indicator of the change in the general level of consumer prices or the rate of inflation. Inflation returns sustainably to the 2% target in the second half of 2025.