When Will The Fed Cut Interest Rates In 2024 Canada. Dawn desjardins, senior economist at deloitte canada, talks with financial post’s larysa harapyn about what the latest inflation data means to the bank of canada and interest rates. According to economists polled by reuters, an interest rate cut is forecasted for the second quarter of next year.

It does this by adjusting the target for the overnight rate on eight fixed dates each year. A 33% chance of a 0.50% drop by september 2024;