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Bank of Canada Rate Decision Tomorrow: What Every Canadian Needs to Know Before June 10

Current Rate 2.25% Held since Oct 2025 Expected Decision HOLD 34/34 economists Announcement 9:45 AM Wed, June 10 (ET) Prime Rate 4.45% Most major lenders On Wednesday morning, June 10, the Bank of Canada will announce its interest rate decision at 9:45 AM ET — and for Canadians with a mortgage, a variable-rate loan, or a renewal coming up, the decision is just two days away. Governor Tiff Macklem will follow with a press conference at 10:30 AM. The short answer: expect no change. But the full picture is considerably more complicated — and the Bank's tone tomorrow could signal whether rate hikes are quietly creeping back onto the table. The Consensus: A Hold, Full Stop The economist community is remarkably united heading into this decision. In a Reuters poll conducted June 2–5, all 34 economists surveyed predicted the Bank would leave its overnight rate at 2.25%. More than 80% said it would stay there for the rest of 2026. "Under normal circumstances, today's sagging econom...

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Turkish President Recep Tayyip Erdogan Meets Hamas Political Leader Ismail Haniyeh in Istanbul


On Saturday, Turkish President Recep Tayyip Erdogan held a significant meeting with Ismail Haniyeh, the head of the political bureau of the Palestinian Resistance Movement Hamas. The closed-door meeting took place at the presidential office within Dolmabahçe Palace in Istanbul. During the encounter, footage released by the Turkish presidency showed Haniyeh and other Hamas leaders posing for photos with Erdogan. Additionally, the Hamas delegation engaged in discussions with the Turkish delegation.

This meeting marks the first time since October 7 that Ismail Haniyeh has met with the Turkish president, and it comes amid ongoing tensions in the region, particularly related to the Gaza war. The discussions likely centered around regional peace efforts and the situation in the Middle East.

The meeting between Erdogan and Haniyeh holds significance given the historical context and the complex geopolitical dynamics in the region. As developments unfold, the world will closely watch for any further outcomes or statements resulting from this high-level engagement.


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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