FULL ANNOUNCEMENT | Canada is "back to low inflation": Tiff Macklem on 50 basis point rate

Bank of Canada Governor Tiff Macklem says interest rates have been a burden for Canadians and the focus now is keeping inflation down. Bank of Canada Governor Tiff Macklem holds a press conference at the Bank of Canada in Ottawa on Wednesday, Oct. 23, 2024. (Sean Kilpatrick / THE CANADIAN PRESS) Subscribe to CTV News to watch more videos: https://www.youtube.com/ctvnews Connect with CTV News: For live updates and latest headlines visit: http://www.ctvnews.ca/ For breaking news, fast, download the CTV News App: https://www.ctvnews.ca/app Must-watch stories and full programs at http://www.ctvnews.ca/video CTV News on TikTok: https://www.tiktok.com/discover/CTV-News CTV News on X (formerly Twitter): https://twitter.com/CTVNews CTV News on Reddit: https://www.reddit.com/user/CTVNEWS CTV News on LinkedIn: https://ca.linkedin.com/company/ctv-news --- CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.