Interest Rate Predictions 2024 Canada 2024. There are so many questions about mortgage rates, but it is nearly impossible to make an accurate interest rate prediction.  — all interest rate announcements will take place at 10:00 (et), and the monetary policy report will be published concurrently with the january, april, july and october rate announcements.

Forecast by td economics, august 2024; Soaring inflation has been a major pain point for consumers, and the impetus behind rising interest rates, as the bank of canada (boc) struggles to pull the consumer price index back down to historical norms.