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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...
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Stay Healthy This Sick Season: Tips to Protect Yourself from Norovirus, COVID-19, Flu, and RSV


As winter approaches, so does the season of sniffles, coughs, and stomach bugs. Norovirus, COVID-19, flu, and RSV are all making their rounds, but there are steps you can take to protect yourself and stay healthy:

1. Practice Good Hand Hygiene

Wash your hands frequently with soap and water for at least 20 seconds, especially after using the bathroom, before eating, and after coming into contact with potentially contaminated surfaces. If soap and water aren't available, use a hand sanitizer with at least 60% alcohol.

2. Handle Food Safely

Norovirus is often spread through contaminated food. Ensure that you wash fruits and vegetables thoroughly, cook shellfish properly, and avoid preparing food when you're sick.

3. Clean and Disinfect Surfaces

Regularly clean high-touch surfaces like doorknobs, light switches, and countertops with household cleaning products. Use a chlorine bleach solution or an EPA-registered disinfectant to clean areas contaminated by vomit or feces.

4. Wear Masks in Crowded Areas

Wearing an N95 or medical-grade mask can help reduce your exposure to respiratory viruses like COVID-19 and the flu. Cover your mouth and nose with a tissue or your elbow when you cough or sneeze.

5. Get Vaccinated

Stay up to date with your COVID-19 booster shots and get the annual flu vaccine. While there are no vaccines for norovirus or the common cold, getting vaccinated against flu and COVID-19 can significantly reduce your risk of severe illness.

6. Stay Home When Sick

If you're feeling unwell, stay home to avoid spreading illness to others. Isolate yourself until at least 48 hours after your symptoms have subsided.

7. Prioritize Rest and Hydration

Ensure you get plenty of rest and stay hydrated. Drink water and electrolyte solutions to help your body recover from illness.

By following these simple steps, you can help protect yourself and others from the common winter illnesses. Stay healthy and take care!




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