Skip to main content

Featured

5 Things to Know Today — Fed Hikes, BoE Warns, and the TSX Is Bouncing Back

  The Fed's first rate hike since 2023 rocked markets Wednesday. Here's what it means for your wallet on Friday, September 18. Friday, September 18, 2026  |  moneysavings.ca 1 The Fed Hiked — First Time Since 2023 The U.S. Federal Reserve raised its benchmark interest rate by 25 basis points to a target range of 3.75%–4.00% on Wednesday — the first hike since June 2023. Chair Kevin Warsh cited persistent inflation tied to elevated oil prices and a still-resilient economy, saying recent inflation readings hadn't improved enough to justify holding. The decision was unanimous. The updated dot plot signals one more potential hike by year-end, then a pause through 2027. Markets initially sold off, but U.S. futures are rebounding this morning as investors reframe the move as a sign the Fed is serious about getting inflation under control. 💡 What It Means for You A higher U.S. federal funds rate puts upward pressure on Canadian bond yields and mortgage rates. The BoC is already...

article

Almond Biscotti

 

Almond biscotti are deliciously crunchy and perfect with a cup of coffee. 

 Ingredients:

  • 1 cup whole almonds (with skin)
  • 1 cup granulated sugar
  • 2 cups all-purpose flour
  • 1/2 teaspoon baking powder
  • 1/4 teaspoon salt
  • 3 large eggs
  • 1 teaspoon vanilla extract
  • 1 teaspoon almond extract

Instructions:

1. Preheat and Prepare: Preheat your oven to 350°F (175°C). Line a baking sheet with parchment paper or a silicone baking mat.

2. Toast Almonds: Spread the almonds on a baking sheet and toast in the oven for about 10 minutes until they're fragrant. Let them cool, then chop coarsely.

3. Mix Dry Ingredients: In a medium bowl, mix the flour, baking powder, and salt.

4. Whisk Eggs and Sugars: In a large bowl, beat the eggs, granulated sugar, vanilla extract, and almond extract until thick and pale (about 2-3 minutes).

5. Combine: Gradually add the dry ingredients to the egg mixture and stir until combined. Fold in the toasted almonds.

6. Shape Dough: On a lightly floured surface, divide the dough in half. Shape each half into a log about 12 inches long and 2 inches wide. Place the logs on the prepared baking sheet.

7. First Bake: Bake the logs for 25-30 minutes, or until they are firm to the touch and golden brown. Remove from the oven and let them cool for about 10 minutes.

8. Slice and Bake Again: Reduce the oven temperature to 325°F (165°C). Using a serrated knife, cut the logs into 1/2-inch slices. Lay the slices cut-side down on the baking sheet and bake for another 10-15 minutes, flipping them halfway through, until they are dry and golden.

9. Cool and Enjoy: Transfer the biscotti to a wire rack to cool completely. Enjoy with your favorite coffee or tea!

Feel free to experiment by adding other ingredients like chocolate chips or dried cranberries. 


Comments