The Financial Post reports in its Wednesday edition that Canada's headline inflation rate jumped more than expected to 2.4 per cent in September, but markets are still pricing in an interest-rate cut from the Bank of Canada next week amid a weakening economy. The Post's Jordan Gowling writes that even though measures of core inflation remained firm, economists said they believe the soft economic backdrop will support further easing by the central bank at its Oct. 29 policy decision. "The economic outlook is fraught with risks, and the elevated unemployment rate reflects an economy with ample slack -- something yesterday's Business Outlook Survey reinforced," said TD Bank senior economist Andrew Hencic, in a note Tuesday. "Markets seem to agree, pricing the odds for an October cut at 69 per cent, just a smidge lower than the 77 per cent pre-release." Economists had been expecting inflation to hit 2.2 per cent, up from 1.9 per cent in August. The jump in September was attributed to gasoline prices falling less than they had in August, a slower year-over-year decline in travel tour prices and accelerating grocery prices, Statistics Canada said on Tuesday. For September, CPI excluding food and energy rose by 2.4 per cent.