Skip to main content

Featured

5 Things to Know Today: Hot U.S. Inflation, BoC Hike Odds, Loonie Slump (Oct. 15)

  Canadian Money Brief | Thursday, October 15, 2026 A hotter-than-expected U.S. inflation print rattled markets Wednesday, just as Canadians wait on their own CPI and a Bank of Canada decision. Here are the five things that matter to your wallet today. 1. Hot U.S. inflation knocks the TSX down 1.1% U.S. consumer prices rose 3.7% in September from a year earlier (up from 3.4% in August), with a 0.6% monthly jump, the biggest in five months; core inflation rose to 2.6% from 2.4%, per the Labor Department. Gasoline jumped 9.1% in the month. CME FedWatch odds of a Fed hike at the Oct. 27-28 meeting roughly doubled but sit near 50-50. The S&P/TSX Composite fell 399.52 points (-1.11%) to 35,584.46 Wednesday, ending a three-day win streak; basic materials sank 4.33%, and all six big banks finished lower. The Nasdaq lost 1.88%. What it means for you: Higher U.S. rates tend to pull Canadian bond yields up too, and that is what fixed mortgage rates follow. If you have a renewal coming,...
Post a Comment
Read more

article

Labels

"Strength does not come from physical capacity. It comes from an indomitable will.” by Mahatma Gandhi

 


This quote by Mahatma Gandhi is a powerful reminder that strength is not just a physical attribute, but a mental and emotional one as well.

 Mahatma Gandhi, was the leader of the Indian independence movement and a champion of nonviolence.  He demonstrated his indomitable will in his nonviolent resistance against British colonial rule in India, inspiring millions of people to follow his example. 

He showed that strength comes from conviction, courage, and perseverance, not from brute force or violence. This quote can inspire us to overcome our own challenges and difficulties with the same spirit of determination and resilience.




Labels:

Comments

Post a Comment