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The Fed Decides Wednesday — Here's What It Means for Your Mortgage, the Loonie, and Your RRSP

  Monday, July 27, 2026 The U.S. Federal Reserve hands down its rate decision at 2 p.m. ET on July 29. For most Canadians it will feel like background noise. It isn't — here's the plain-language version of why it touches your mortgage, your cross-border spending, and whatever's sitting in your RRSP. The short version: Markets are pricing roughly a two-in-three chance the Fed holds its rate at 3.50%–3.75% on Wednesday. That's not the story. The story is that this is one of the least certain "sure thing" holds in years — and Chair Kevin Warsh's press conference at 2:30 p.m. ET could matter more than the decision itself. Why this meeting is different The Fed has held its benchmark rate steady at 3.50%–3.75% through every meeting so far in 2026. On paper, Wednesday should be more of the same. Under the hood, it's messier. Persistent inflation, running well above the Fed's 2% target for a fifth straight year, has kept a rate hike on the table. The oil-...
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Thomas Matthew Crooks: What we know about the Trump attacker

 

Thomas Matthew Crooks is the man who shot at former US President Donald Trump during a campaign rally. Here’s what we know about him:

  1. Identity and Background:

    • Crooks, a 20-year-old nursing-home employee from Pittsburgh, Pennsylvania, was identified as the attacker.
    • He allegedly opened fire while Trump was addressing a crowd in Butler, Pennsylvania, leaving one audience member dead and two others critically wounded.
    • Crooks was shot dead at the scene by a Secret Service sniper.
    • Neighbors in his quiet hometown of Bethel Park are in shock, struggling to understand how a seemingly quiet young man could be involved in the shooting.

  2. Education and Political Affiliation:

    • Crooks graduated from Bethel Park High School in 2022, where he received a $500 prize for math and science.
    • State voter records show that he was a registered Republican.
    • He also donated $15 to the liberal campaign group ActBlue in 2021.
    • Crooks had not been carrying ID, so investigators used DNA to identify him.

  3. Weapon and Motive:

    • The weapon used to shoot at Trump was believed to have been purchased by Crooks’ father.
    • Suspicious devices were found in Crooks’ vehicle after the shooting.
    • Investigators are still probing his motive.

The incident shattered the nation’s illusion of security, and authorities continue to investigate the details surrounding the attack.

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