• Pyr@lemmy.ca
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    1 month ago

    Yet I think Canada’s interest rates have been dropping steadily the past year and almost back to previous levels If I read their reports correctly. Wonder why the difference.

    • Auli@lemmy.ca
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      1 month ago

      That is not a good thing though. Isn’t increasing interest rates the way to slow inflation.

      • Pyr@lemmy.ca
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        1 month ago

        Canada’s inflation rate has been fairly low/regular the past two years bouncing between 1.6-2.6% with the exception of after the Iran war started and it bounced up to 3.2 and now hovers between 2-3%

        Interests rates aren’t going to fix our gas and diesel costs.