Rate Cuts 2024. The interest rate cut of 0.25% was expected, and it is likely to be. The consumer price index rose 2% in october on a yearly basis, up from a 1.6% increase a month earlier, statistics canada reported tuesday in ottawa.

The fed cut the federal funds rate on november 7 by 0.25%, targeting a range between 4.5% and 4.75%. The reserve bank of india targets retail inflation at 4 per.