Interest Rates Canada Forecast 2024. With the economy now in a position of excess supply, we expect core inflation to continue to fall back to 2% by the middle of next year. Budget 2024 is part of the federal government’s plan to deliver generational fairness by.

With lower spending comes a slowing economy, lower inflation, and lower mortgage interest rates. Forecast of the bank of canada policy rate, prediction of canada’s prime rate and forecast of mortgage interest rates in 2024.