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Bank of Canada Holds at 2.25% — Again: What It Means for Your Mortgage and Markets Today

  Wednesday, June 10, 2026  |  Canadian Money Brief It's official: the Bank of Canada held its overnight rate steady at 2.25% this morning — the fourth consecutive hold in 2026 , following identical decisions in January, March, and April. The move was widely anticipated, but the language in today's statement and Governor Tiff Macklem's 10:30 a.m. press conference are delivering the real signal: the BoC is watching the Middle East conflict carefully, is not yet alarmed by inflation, but is making clear that rate hikes remain on the table if energy prices push inflation higher. Here's the full picture — BoC reaction, Canadian markets, Wall Street, oil, and global moves. 🏦 Bank of Canada: Holds at 2.25% — But With a Warning The Bank of Canada's statement this morning was brief but pointed. The Governing Council noted that "economic activity in Canada has been weak and uncertainty about US trade policy persists," while also flagging that "the conflict ...
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Christians in Jerusalem Observe Solemn Good Friday Procession Through the Old City

 


 Despite the ongoing tensions in the Middle East, Christians in Jerusalem commemorated Good Friday with a poignant procession through the historic Old City. The cobblestone path of the Via Dolorosa, winding through limestone walls, served as a solemn route symbolizing the journey that Jesus Christ is believed to have taken while carrying the cross to his crucifixion.

The significance of Good Friday resonates deeply with Christians worldwide. On this day, they remember the ultimate sacrifice made by Jesus for humanity. Gathered in prayer, worshippers weep and reflect on the profound impact of this pivotal moment in history.

This year’s processions were notably scaled down due to the ongoing Israel-Hamas war, resulting in fewer crowds. However, the faithful came together, demonstrating their unwavering faith and resilience. Amidst conflict, the spirit of Good Friday endures, reminding us of hope, redemption, and the enduring power of belief.

As the sun dipped behind ancient walls, the echoes of prayers reverberated through the narrow streets, connecting the present to a timeless past. The Old City, steeped in history, bore witness to this sacred observance—a testament to the enduring faith of those who walked in the footsteps of Christ.

May this Good Friday serve as a beacon of hope, uniting hearts across borders and reminding us of the eternal message of love and sacrifice.

“For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life.” — John 3:16


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