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Bank of Canada Holds at 2.25% — What the Fine Print Means for You

  July 15, 2026  |  Canadian Money Brief The Bank of Canada held its policy rate at 2.25% today, exactly as every economist surveyed expected. The number didn't move — but the story underneath it did. Between renewed oil-market chaos, a stubbornly hot inflation reading, and an economy that's finally showing signs of life, this "boring" hold decision was anything but simple. If you've been following our preview piece from earlier this week , this is the follow-up: what actually happened, and what it means for your mortgage, your savings, and your grocery bill. The Decision, in Plain English This marks the sixth consecutive hold since the Bank's last cut back in October 2025. The overnight rate stays at 2.25%, the Bank Rate at 2.5%, and the deposit rate at 2.20%. Bank prime — the number that actually determines your variable mortgage or line of credit rate — stays put at 4.45%. Governor Tiff Macklem has described this level as sitting near the bottom of the Bank...
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Navigating Turbulent Waters: Stock Market Reacts to Inflation Surge



The stock market experienced a jittery session today as investors grappled with yet another surge in inflation. The producer price index, a crucial measure of wholesale inflation, leaped 0.3% in January, surpassing economists’ expectations of a 0.1% rise. This unexpected spike has left market participants questioning the Federal Reserve’s stance on interest rates.

Here’s a snapshot of today’s market movements:

  1. S&P 500: The benchmark index danced perilously close to the flat line, teetering just below its recent record closing high.
  2. Dow Jones Industrial Average: The blue-chip index dipped by 0.3%, shedding over 100 points.
  3. Nasdaq Composite: The tech-heavy index exhibited some wavering, reflecting the market’s uncertainty.

Earlier this week, the Dow plummeted 500 points following an alarming consumer inflation report. Investors have been on a rollercoaster ride, reevaluating their outlook on the US economy and the timing of potential interest rate cuts.

In the midst of this volatility, some notable earnings-related moves are noted:

  • Coinbase (COIN): Shares surged over 14% after the crypto exchange posted its first quarterly profit in two years. The recent rise in bitcoin prices, coupled with anticipation surrounding the Securities and Exchange Commission’s decision on spot bitcoin ETFs, fueled Coinbase’s rally.
  • Applied Materials (AMAT): The machinery maker’s stock also jumped, signaling optimism for a chip sector rebound.

As the market navigates these choppy waters, investors remain vigilant, keeping a close eye on inflation data and central bank policies. The tug-of-war between economic indicators and monetary policy decisions continues, leaving traders and analysts alike on edge.

Stay tuned for further developments as the market grapples with inflationary pressures and charts its course through uncertain terrain.


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