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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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Look Up Tuesday Night for the Full Pink Moon

 

The Pink Moon is set to grace the night sky this week, and it’s a celestial event worth observing. On Tuesday night, precisely at 7:49 p.m. EDT, the Moon will be in its full phase, marking April’s Full Moon. However, according to NASA, observers will notice that the Moon appears full for approximately three days, from Monday morning through Thursday morning.

Why Is It Called the Pink Moon?

Contrary to what the name suggests, the Pink Moon isn’t named for the Moon’s color. Instead, it derives its name from wild ground phlox, also known as pink moss. This early-blooming wildflower is one of the first to grace the landscape in the US Northeast during spring. The Old Farmer’s Almanac, which has been recording lunar names for close to a century, associated this April Full Moon with the pink blossoms of ground phlox.

Gibbous Phase and Observing Tips

While the Moon will appear full for several days, keen observers can still notice subtle differences. On Monday night and Wednesday night, focus on the Moon’s face a bit longer. You might observe that one side looks “fuzzy” compared to the crisp edge on the other side. This reveals that the Moon is actually in its Gibbous phase during those times. If you have binoculars or a telescope, it’ll be even easier to spot this phenomenon1.

So, mark your calendars and take a moment to appreciate the Pink Moon’s beauty as it graces our night sky this week!

Feel free to share this information with fellow stargazers and enjoy the celestial spectacle! If you have any more questions or need further details, feel free to ask. 😊🌠1

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