Skip to main content

Featured

The Rate Cuts Are Over — Is a Hike Coming?

  July 23, 2026 Oil shocks, sticky inflation and a technical recession are pulling the Bank of Canada in opposite directions at once. For most of the past two years, the only question about the Bank of Canada was how far and how fast it would cut. The overnight rate fell from 5.00% to 2.25% between June 2024 and October 2025, one of the sharpest easing cycles in the Bank's history, and it has held there through six consecutive decisions since. That story is now over. The question on the table for the rest of 2026 isn't whether the Bank cuts again — it's whether the next move is actually a hike. Two conflicting signals, one Bank The case for staying put — or even cutting — comes from the growth side of the ledger. Statistics Canada data showed the economy contracted in both the fourth quarter of 2025 and the first quarter of 2026, meeting the informal definition of a technical recession. That was enough to have some economists warning the Bank had no room to raise rates at a...
Post a Comment
Read more

article

Labels

Markets Plunge Amid Escalating Tariff Concerns

Global markets faced a sharp downturn as the Trump administration's tariff policies sent shockwaves through the financial world. The Toronto Stock Exchange (TSX) closed with a staggering loss of over 1,100 points, while the Dow Jones Industrial Average plummeted by 2,200 points. This dramatic decline reflects growing investor anxiety over the economic implications of escalating trade tensions.

The uncertainty surrounding the tariffs has left businesses and consumers alike on edge. Analysts warn that these measures could exacerbate inflationary pressures and disrupt global supply chains, further straining an already fragile economic recovery. As markets brace for potential retaliatory actions from trading partners, the road ahead remains uncertain.

This market turbulence underscores the interconnected nature of the global economy and the far-reaching consequences of policy decisions. Investors and policymakers alike will be closely watching for developments in the coming days.

Labels:

Comments

Post a Comment