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October 23, 2024

Press Conference: Monetary Policy Report – October 2024

Release of the Monetary Policy Report – Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (10:30 (ET) approx.).

October 23, 2024

Monetary Policy Report—October 2024—Overview

Monetary policy has worked to reduce price pressures in the Canadian economy. Inflation is now around 2% and is expected to remain near the middle of the Bank of Canada’s control range of 1% to 3% over the projection.
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