Chart 15: Inflation is expected to converge around 2% in 2027 https://www.bankofcanada.ca/?p=254445 Total CPI Total CPI Total CPI excluding energy Total CPI excluding energy Target Target 1.92.12 2.32.22 2.71.72 2.62.02 2.822.2 2.72.22 22.13.0 2.22.52 22.12.4 22.22.3 2.421.6 2.522.1 2.022.2 2.12.22 2.12.12 2.12.12 2.12.12