• Inflation is back to 2%. So the economy is fixed now, right?

  • Sep 19 2024
  • Length: 11 mins
  • Podcast

Inflation is back to 2%. So the economy is fixed now, right?

  • Summary

  • It's been quite a long (and expensive!) journey, but the latest numbers show that the inflation rate in Canada has finally fallen to the Bank of Canada's "target rate" for the first time in more than three years. So does that mean all our troubles are over? Why is two percent the ideal target for the BoC? And what does this data tell us about the economy we'll be living in for the next several months?

    GUEST: Mike Eppel, 680 News Sr. Business Editor

    Do you have a money problem? Call us and leave a message at 416-935-5935. Or email us at hello@itepod.ca. You can also find us on Instagram and TikTok @InThisEconomyPod. Don't forget to leave a call-back number, so we can get in touch.

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