Canada’s annual inflation rate slowed to a three-year low of 2.7 per cent in April, matching expectations, and core measures continued to ease, data showed on Tuesday, likely boosting chances of a June interest rate cut.
Canada’s inflation cools to 3-year low of 2.7%, in boost for rate cut bets
![](https://newslaunched.com/wp-content/uploads/2024/05/inflation-in-canada-1-6894346-1716292135231-0mR9Go.jpeg)