-11.8 C
Ottawa
Monday, January 26, 2026

October Inflation Fall Raises Hopes of Pre-Christmas Interest Rate Cut

Date:

There are still concerns about rising food prices PAUK inflation fell to a four-month low in October, paving the way for interest rates to be cut before Christmas despite concerns about rising food prices, experts say.Economists think the latest inflation reading will encourage the Bank of England to reduce borrowing costs at its next decision in December.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Trump Says Tariffs on South Korea Will Be Raised to 25 Percent

The president said that the increase from 15 percent...

South Korean Sub Maker Hanwha Signs Agreement With Algoma Steel

National Defence Minister David McGuinty, South Korea Prime Minister...

Canada Sending Naval Patrol Vessel to Greenland for Opening of New Consulate: Anand

Foreign Affairs Minister Anita Anand speaks during an interview...

Carney Announces New Tax Benefit and Measures Aimed at Lowering Grocery Costs

Prime Minister Mark Carney is seen during an event...