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Bank of Canada Rate Decision Countdown: What to Expect on July 15

  Published July 4, 2026 In eleven days, the Bank of Canada will make its fifth interest rate call of 2026. If you've got a mortgage renewing, a variable rate that moves with the Bank's decisions, or savings sitting in a high-interest account, this is the date to have circled. Here's where things stand heading into July 15, and what the smart money is expecting. Where the rate sits right now The Bank of Canada has held its policy rate at 2.25% since its last two decisions, with the Bank Rate at 2.50% and the deposit rate at 2.20%. The July 15 announcement, released at 9:45 a.m. ET, will also come with a full Monetary Policy Report, since the Bank publishes its detailed economic projections quarterly alongside the January, April, July, and October decisions. Why most economists expect another hold The case for standing pat comes down to two forces pulling in opposite directions: Inflation is running hot, but mostly for one reason. Canada's headline inflation rate jumped...

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Title: Escalation in the West Bank: Israeli Settlers Attack Palestinian Towns and Clash with Military


In a recent surge of violence, Israeli settlers attacked two Palestinian towns and clashed with their own military forces in the West Bank. The incidents occurred early Wednesday, following attempts by Israeli police to dismantle an illegal settler outpost in the occupied territory.

According to reports, settlers set fire to property and hurled stones in the towns of Huwara and Beit Furik. Palestinian officials confirmed that one house and two cars were set ablaze in Huwara, a town near Nablus that has previously been targeted by radical settlers. In Beit Furik, settlers torched another property, escalating tensions in the region.

The Israeli military condemned the violence, stating that a group of settlers had confronted both its forces and the police. The military emphasized its strong stance against any form of violence directed at its personnel. The Shin Bet domestic intelligence service and police arrested eight individuals for assaulting security forces and damaging property.

The Palestinian president's office condemned the attacks, highlighting that there had been around 30 settler attacks in the Nablus area within the past month. Spokesman Nabil Abu Rudeineh called on the United States to intervene to prevent further escalation.

This incident is part of a broader surge in violence across the West Bank since the October 7, 2023, attack by Hamas militants on southern Israel, which triggered a wider conflict involving multiple fronts. The United Nations reports that over 700,000 Israeli settlers now live among 3 million Palestinians in the West Bank and East Jerusalem, territories captured by Israel in 1967.


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