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Bank of Canada Rate Decision Countdown: What to Expect on July 15

  Published July 4, 2026 In eleven days, the Bank of Canada will make its fifth interest rate call of 2026. If you've got a mortgage renewing, a variable rate that moves with the Bank's decisions, or savings sitting in a high-interest account, this is the date to have circled. Here's where things stand heading into July 15, and what the smart money is expecting. Where the rate sits right now The Bank of Canada has held its policy rate at 2.25% since its last two decisions, with the Bank Rate at 2.50% and the deposit rate at 2.20%. The July 15 announcement, released at 9:45 a.m. ET, will also come with a full Monetary Policy Report, since the Bank publishes its detailed economic projections quarterly alongside the January, April, July, and October decisions. Why most economists expect another hold The case for standing pat comes down to two forces pulling in opposite directions: Inflation is running hot, but mostly for one reason. Canada's headline inflation rate jumped...
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Stocks Open Mixed as Boeing Plunges

The stock market opened mixed today with the Dow Jones Industrial Average ( ^DJI) down around 0.4%, or 170 points, while the S&P 500 ( ^GSPC) rose 0.2% and the tech-heavy Nasdaq ( ^ IXIC) was up 0.5% . The mixed opening comes after all three major stock indexes broke a nine-week winning streak on Friday.

Boeing, one of the largest aerospace companies in the world, saw its shares plunge today. The company’s shares fell to a 2023 low of 176.25 before swinging up and down in Wednesday’s stock market action. The decline in Boeing’s shares comes as investors await the release of U.S. inflation data and brace for the start of earnings season later in the week.


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