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The Rate Cuts Are Over — Is a Hike Coming?

  July 23, 2026 Oil shocks, sticky inflation and a technical recession are pulling the Bank of Canada in opposite directions at once. For most of the past two years, the only question about the Bank of Canada was how far and how fast it would cut. The overnight rate fell from 5.00% to 2.25% between June 2024 and October 2025, one of the sharpest easing cycles in the Bank's history, and it has held there through six consecutive decisions since. That story is now over. The question on the table for the rest of 2026 isn't whether the Bank cuts again — it's whether the next move is actually a hike. Two conflicting signals, one Bank The case for staying put — or even cutting — comes from the growth side of the ledger. Statistics Canada data showed the economy contracted in both the fourth quarter of 2025 and the first quarter of 2026, meeting the informal definition of a technical recession. That was enough to have some economists warning the Bank had no room to raise rates at a...
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Exploring Ancient Greece: Beyond the Acropolis

 

Greece, with its rich history and captivating mythology, boasts an impressive collection of ancient landmarks. While Athens and the iconic Acropolis are well-known, there’s a wealth of other treasures waiting to be discovered. Let’s step beyond the Greek capital and explore some of the most remarkable sites:

  1. Meteora Monasteries: Perched atop towering rock formations, these monasteries offer breathtaking views and a spiritual experience.
  2. Delphi: Once considered the center of the world, Delphi was home to the Oracle of Apollo and features ancient temples and a theater.
  3. Olympia: The birthplace of the Olympic Games, Olympia boasts a stadium, temples, and statues dedicated to Zeus.
  4. Epidaurus: Famous for its well-preserved theater, Epidaurus also has a healing sanctuary dedicated to Asclepius.
  5. Knossos: On Crete, explore the Minoan palace of Knossos, where the legendary Minotaur roamed the labyrinth.
  6. Mystras: A medieval ghost town with Byzantine ruins, Mystras offers stunning views of the surrounding landscape.
  7. Sounion: Visit the Temple of Poseidon at Cape Sounion, overlooking the Aegean Sea.
  8. Ancient Corinth: Discover ancient temples, the Acrocorinth fortress, and the famous Corinth Canal.
  9. Akrotiri: Explore the Minoan city buried by volcanic ash on Santorini.
  10. Rhodes Old Town: Wander through medieval streets, visit the Palace of the Grand Master, and admire the Colossus of Rhodes (no longer standing).

These lesser-known gems reveal Greece’s fascinating past and invite you to travel back in time. 

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