Politics Briefing: Trudeau ‘optimistic’ that interest rates will drop this year

News Snapshot:

Hello, Prime Minister Justin Trudeau says he’s hoping for a decline in interest rates at some point this year, pointing to inflation rate news as the basis for his optimism. In Vancouver today, Trudeau noted “the good news” that the inflation rate has dropped below three per cent, which is a target that the Bank of Canada had set. “So we are optimistic that the Bank of Canada will start bringing down interest rates some time this year, hopefully sooner rather than later,” Trudeau said as he appeared with B.C. Premier David Eby and Vancouver Mayor Ken Sim at a...