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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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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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