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5 Things to Know Today: Hot U.S. Inflation, BoC Hike Odds, Loonie Slump (Oct. 15)

  Canadian Money Brief | Thursday, October 15, 2026 A hotter-than-expected U.S. inflation print rattled markets Wednesday, just as Canadians wait on their own CPI and a Bank of Canada decision. Here are the five things that matter to your wallet today. 1. Hot U.S. inflation knocks the TSX down 1.1% U.S. consumer prices rose 3.7% in September from a year earlier (up from 3.4% in August), with a 0.6% monthly jump, the biggest in five months; core inflation rose to 2.6% from 2.4%, per the Labor Department. Gasoline jumped 9.1% in the month. CME FedWatch odds of a Fed hike at the Oct. 27-28 meeting roughly doubled but sit near 50-50. The S&P/TSX Composite fell 399.52 points (-1.11%) to 35,584.46 Wednesday, ending a three-day win streak; basic materials sank 4.33%, and all six big banks finished lower. The Nasdaq lost 1.88%. What it means for you: Higher U.S. rates tend to pull Canadian bond yields up too, and that is what fixed mortgage rates follow. If you have a renewal coming,...
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Escalating Protests in Bangladesh Result in Over 20 Deaths and Hundreds Injured

 

The unrest started in July when students called for an end to a quota system that reserved 30% of government jobs for relatives of veterans. The situation escalated into widespread violence, prompting authorities to close schools and universities, block internet access, and impose a shoot-on-sight curfew. Despite these measures, the protests have continued, with demonstrators urging non-cooperation by not paying taxes or utility bills and not showing up for work.

In Dhaka, the capital city, protesters attacked Bangabandhu Sheikh Mujib Medical University, torching several vehicles. Police responded with tear gas to disperse crowds blocking major highways. The violence has spread to multiple districts, with reports of crude bombs being detonated and gunshots heard.

The ongoing clashes have resulted in significant casualties and widespread disruption, highlighting the deepening political crisis in Bangladesh.


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