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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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Tragedy Strikes at Campaign Rally: Attendee Killed, Trump Escorted Off Stage After Gunfire

A campaign rally for former President Donald Trump in Des Moines, Iowa, took a tragic turn when gunfire erupted, leading to the death of an attendee and the swift evacuation of Trump by Secret Service agents. The incident occurred just as Trump began addressing his supporters, plunging the event into chaos and fear.

A Rally Interrupted

The rally, part of Trump's efforts to secure the Republican nomination for the 2024 presidential election, was initially filled with excitement and enthusiasm. Thousands of supporters gathered to hear Trump speak on key issues and his vision for America's future.

Chaos Unfolds

The situation changed abruptly when shots were heard from within the crowd. Secret Service agents quickly surrounded Trump and escorted him off the stage, while attendees scrambled for cover. The crowd's initial confusion turned to panic as people realized the severity of the situation.

Immediate Response

Emergency services were immediately called to the scene, and law enforcement agencies, including local police and federal agents, worked to secure the area. Medics attended to the injured, but tragically, one attendee succumbed to their injuries. The identity of the deceased has not yet been released, pending notification of next of kin.

Campaign's Statement

Following the incident, a spokesperson for Trump's campaign addressed the media, confirming that Trump was unharmed and had been taken to a secure location. "Our hearts go out to the victim and their family. We are grateful for the swift actions of the Secret Service and law enforcement," the spokesperson said.

Investigation Launched

Law enforcement agencies have launched a full investigation to determine the circumstances surrounding the shooting. Preliminary reports indicate that a lone gunman may be responsible, but authorities are working to gather more information and ensure the safety of future events.

Political and Public Reaction

The tragic event has sent shockwaves through the political community and the public. Political leaders from both parties have expressed their condolences and condemned the violence. The incident highlights the intense and often volatile nature of the current political climate, raising concerns about the safety of public events.

Moving Forward

As the investigation continues, Trump's campaign is expected to reassess security measures for upcoming events. The tragedy has underscored the need for heightened vigilance and the importance of protecting all participants at political rallies. The campaign will likely face increased scrutiny and pressure to ensure such an incident does not happen again.



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