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Bank of Canada Holds the Line as Global Turmoil Clouds Outlook

  Bank of Canada Governor Tiff Macklem takes part in a press conference in Ottawa on September 17, 2025 The Bank of Canada has opted to keep its key interest rate steady at 2.25%, a decision that reflects the delicate balancing act policymakers face as global uncertainty intensifies. With inflationary pressures rising and economic growth showing signs of strain, the central bank is navigating a narrow path shaped by forces largely outside its control. A major driver of the current tension is the surge in oil prices triggered by ongoing geopolitical conflict. Higher energy costs are feeding into broader inflation, raising concerns that price pressures could become more persistent. At the same time, elevated borrowing costs and weakening consumer confidence are weighing on domestic economic momentum. By holding the rate, the Bank of Canada signals caution: it aims to avoid stifling growth while still keeping inflation expectations anchored. The central bank emphasized that it rema...
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Taylor Swift and Prince William Share Royal Selfie at London Concert

Taylor Swift, the pop sensation, recently graced the stage at Wembley Stadium in London during her Eras Tour. However, it wasn’t just her performance that made headlines—it was her backstage encounter with Prince William that stole the show.

Before her concert, Taylor Swift snapped a perfect royal selfie with the Prince of Wales and two young music fans: Prince George and Princess Charlotte. Kensington Palace shared the heartwarming photo on social media, thanking Swift for a “great evening.” For Prince William, attending the hottest show in town with his two eldest children was a way to earn maximum dad points on his 42nd birthday.

The nearly 90,000 fans in the stadium witnessed Prince William’s energetic dance moves as he grooved to Swift’s hit single “Shake It Off.” The video of his spirited dance quickly went viral, adding to the excitement of the evening.

Swift’s Eras Tour has been captivating audiences across the UK, with shows in Edinburgh, Liverpool, and Cardiff. London, where she spent part of her career, holds a special place in her heart. As she put it, it’s “the most exhilarating city in the world.”

Other notable attendees at the concert included Bridgerton star Nicola Coughlan, Labour leader Keir Starmer, Queer Eye’s Jonathan Van Ness, and model Cara Delevingne. Swift’s parents, Andrea and Scott, were also in the audience.

In the midst of the music and celebration, Prince William celebrated his 42nd birthday, making it a memorable night for both royalty and fans alike. 

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