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Bank of Canada Rate Decision: What to Expect on June 10

  On Wednesday, June 10, 2026 , the Bank of Canada will announce its next interest rate decision — and every Canadian with a mortgage, a savings account, or a variable-rate line of credit has good reason to pay attention. While a hold at the current 2.25% overnight rate is almost universally expected, the real story this month isn't the number itself. It's the language surrounding it. Canada's economy has slipped into what many are calling a technical recession, inflation is being pushed higher by a global energy shock, and economists are divided on where rates go from here. Here's everything you need to know before Wednesday's announcement. BoC Overnight Rate 2.25% Held since early 2026 Bank Prime Rate 4.45% Most major lenders April CPI Inflation 2.8% Up from 2.4% in March Hike Probability (Jun 10) ~4% Per bond markets Q1 2026 GDP Growth −0.1% Annualized; near-recession Where Things Stand: A Tricky Balancing Act The Bank of Canada has held its overnight rate at 2....
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Greek Workers Unite in Nationwide Strike for Wage Reform

On April 9, 2025, Greece witnessed a nationwide strike that brought the country to a standstill. Public and private sector workers staged a 24-hour walkout, demanding higher wages and the reinstatement of collective bargaining rights. The strike disrupted essential services, grounding flights, halting trains, and tying up ferries at ports. Public transport in Athens operated only part-time, while thousands of protesters gathered in the capital and other cities to voice their demands.

The strike comes amid rising living costs, with food, housing, and utilities becoming increasingly unaffordable for many households. Despite a cumulative 35% increase in the minimum wage to €880, workers argue that their purchasing power remains insufficient. Labour unions are calling for immediate pay raises and the restoration of annual bonuses that were scrapped during Greece's financial crisis.

This collective action highlights the growing frustration among workers as they struggle to make ends meet in the face of economic challenges. The government has promised further wage increases but cites fiscal constraints as a barrier to meeting all demands.


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