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BoC Holds at 2.25%: What the Rate Decision (and Rising Gas Prices) Mean for Your Wallet

  Thursday, July 16, 2026 Sixth consecutive hold. A weaker 2026 growth forecast. And inflation that's running hotter because of gas prices, not the usual suspects. Here's what actually changes for you. The Bank of Canada held its overnight rate at 2.25% on Wednesday, exactly as markets expected. No surprise there. What's more interesting is why it held, and what it revealed about where the economy — and your bills — are headed next. This was the sixth straight hold since the Bank finished its easing cycle back in October. But buried in the accompanying Monetary Policy Report were a few numbers worth your attention. The Numbers That Matter Overnight Rate 2.25% (unchanged) Prime Rate (typical) 4.45% 2026 GDP Growth Forecast 0.7% (cut from 1.2%) 2027 / 2028 Growth Forecast 1.8% each year May CPI Inflation 3.2% Inflation Excluding Gasoline 2.2% Unemployment Rate (June) 6.5% Next Rate Decision September 2, 2026 Why Gas Prices Are Driving This Decision Here's the twist in th...
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Historic Super Bowl LIX: President Trump and Taylor Swift Attend

 

Super Bowl LIX, held at the Caesars Superdome in New Orleans on February 9, 2025, was a star-studded event featuring notable attendees such as President Donald Trump and pop icon Taylor Swift. This marks the first time a sitting U.S. president has attended the Super Bowl. 

President Trump, accompanied by his family and several Republican senators, attended the game between the Kansas City Chiefs and the Philadelphia Eagles. In a pre-game interview, he predicted a victory for the Chiefs, praising quarterback Patrick Mahomes and his wife, Brittany, who has shown support for Trump on social media. 

Taylor Swift attended the game to support her boyfriend, Chiefs tight end Travis Kelce. She was seen wearing an oversized white blazer, denim shorts, and white over-the-knee boots, accessorized with a ruby-encrusted "T" pendant necklace co-designed with Lorraine Schwartz. Swift was accompanied by friends Ashley Avignone and rapper Ice Spice. 

Other celebrities in attendance included Jay-Z with his daughters, Meghan Thee Stallion, Kevin Costner, Adam Sandler, and Lionel Messi. 

The game itself was a thrilling contest, with the Chiefs aiming for a third consecutive Super Bowl title. The Eagles, led by quarterback Jalen Hurts, showcased a strong defense and effective offensive plays. The halftime show featured a performance by Kendrick Lamar, adding to the event's entertainment value. 

Super Bowl LIX not only highlighted exceptional athleticism but also underscored the cultural significance of the event, drawing a diverse array of celebrities and public figures.


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