According to Jin10, Bank of Canada Governor Tiff Macklem expects CPI inflation to rise to 3.5% by year-end, remain at or above 3% for most of 2027, and fall to around 2% by mid-2028.
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Bank of Canada Governor Tiff Macklem: CPI at 3.5% by Year-End, 3%+ Through Most of 2027, Near 2% by Mid-2028
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