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Bank of Canada Holds at 2.25% — Again: What It Means for Your Mortgage and Markets Today

  Wednesday, June 10, 2026  |  Canadian Money Brief It's official: the Bank of Canada held its overnight rate steady at 2.25% this morning — the fourth consecutive hold in 2026 , following identical decisions in January, March, and April. The move was widely anticipated, but the language in today's statement and Governor Tiff Macklem's 10:30 a.m. press conference are delivering the real signal: the BoC is watching the Middle East conflict carefully, is not yet alarmed by inflation, but is making clear that rate hikes remain on the table if energy prices push inflation higher. Here's the full picture — BoC reaction, Canadian markets, Wall Street, oil, and global moves. 🏦 Bank of Canada: Holds at 2.25% — But With a Warning The Bank of Canada's statement this morning was brief but pointed. The Governing Council noted that "economic activity in Canada has been weak and uncertainty about US trade policy persists," while also flagging that "the conflict ...
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A Solemn Reflection of Humility: The “Washing of the Feet” Ceremony in Jerusalem

 


In the heart of Jerusalem, a profound tradition unfolds as Orthodox Christians congregate to observe the “Washing of the Feet” ceremony. This sacred event, held outside the Church of Holy Sepulchre, is a testament to the enduring rituals that have been passed down through generations.

The ceremony, which took place on Thursday, saw the faithful gather in reverence and piety. The ritual is deeply symbolic, echoing the humility and service exemplified by Jesus Christ during the Last Supper, as he washed the feet of his disciples. It’s a poignant reminder of the virtues of servitude and humility that lie at the core of Christian teachings.

The Church of Holy Sepulchre, a site venerated by Christians worldwide, provides a fitting backdrop for this solemn observance. The ancient stones of the church have witnessed countless acts of devotion, and the “Washing of the Feet” is a continuation of this rich spiritual legacy.

As the world watches, the Orthodox Christian community in Jerusalem carries forward a message of humility and service, resonating with the teachings that have shaped their faith. This ceremony is not just a ritual; it is a living expression of a faith that values the act of giving over receiving, and the strength found in kneeling to serve others.

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