Skip to main content

Featured

BoC Held Again at 2.25% — But a Rate Hike Is Now More Likely Than Not Before Year-End

  Bond markets put the odds of an October 28 hike at 57%. Here's what the big banks are forecasting, what it means for your mortgage payment, and how to think about your next move. MoneySavings.ca · September 17, 2026 The Bank of Canada kept its overnight rate at 2.25% on September 2 — the seventh consecutive hold since the last cut in October 2025. On the surface, nothing changed. Below the surface, everything did. Governor Tiff Macklem's post-decision language was the most hawkish the Bank has sounded in over a year. He flagged that persistently high oil prices (Brent has since touched $107) and new U.S. tariffs — combined with Canada's own $27.6 billion retaliation list — are creating genuine upside risks to inflation. The BoC's August deliberations summary, released September 16, confirmed the Governing Council is now actively weighing a hike, not just a hold. The August CPI reading that came in on September 14 didn't settle anything: headline inflation held at ...
Post a Comment
Read more

article

Labels

Tensions Rise Following Israeli Drone Strike in Lebanon

 

In the early hours of Thursday, an Israeli drone strike in eastern Lebanon resulted in the death of a prominent militant leader, Muhammed Jabara, affiliated with both Hamas and the Lebanese Islamist group al-Jamaa al-Islamiya. The strike occurred in the village of Ghazzeh, located in the Western Beqaa District, approximately 40 kilometers from the Israeli border.

Jabara, a key figure in orchestrating attacks against Israel, was targeted while driving. The Israeli Defense Forces (IDF) confirmed the strike, stating that Jabara was responsible for planning and executing attacks, including rocket fire, on northern Israel. His death is seen as a significant blow to the operational capabilities of Hamas and its allies in the region.

The aftermath of the strike has heightened tensions along the Lebanon-Israel border, with increased military presence and heightened alertness on both sides. Lebanese state media reported that the strike has led to a surge in security measures and a state of heightened vigilance among militant groups.

This incident is part of a broader pattern of escalating hostilities between Israel and militant groups in Lebanon, often involving cross-border skirmishes and retaliatory attacks. The situation remains volatile, with potential implications for regional stability and security.

As the region braces for possible further escalations, international observers are calling for restraint and dialogue to prevent a full-scale conflict.



Labels:

Comments

Post a Comment