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The Fed Decides Wednesday — Here's What It Means for Your Mortgage, the Loonie, and Your RRSP

  Monday, July 27, 2026 The U.S. Federal Reserve hands down its rate decision at 2 p.m. ET on July 29. For most Canadians it will feel like background noise. It isn't — here's the plain-language version of why it touches your mortgage, your cross-border spending, and whatever's sitting in your RRSP. The short version: Markets are pricing roughly a two-in-three chance the Fed holds its rate at 3.50%–3.75% on Wednesday. That's not the story. The story is that this is one of the least certain "sure thing" holds in years — and Chair Kevin Warsh's press conference at 2:30 p.m. ET could matter more than the decision itself. Why this meeting is different The Fed has held its benchmark rate steady at 3.50%–3.75% through every meeting so far in 2026. On paper, Wednesday should be more of the same. Under the hood, it's messier. Persistent inflation, running well above the Fed's 2% target for a fifth straight year, has kept a rate hike on the table. The oil-...
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Netanyahu’s Stern Warning to Iran: “We Will Strike Back”

 

In a powerful address at the United Nations, Israeli Prime Minister Benjamin Netanyahu issued a stark warning to Iran. He emphasized that if Iran or its proxies attack Israel, there will be a swift and decisive response. “If you strike us, we will strike you,” Netanyahu declared, underscoring that there is no place in Iran beyond Israel’s reach.

Netanyahu’s speech comes amid heightened tensions in the region, with recent incidents involving drone and missile attacks directed at Israel. He made it clear that Israel is prepared to defend itself against any aggression, highlighting the country’s advanced military capabilities and readiness to act.

The Prime Minister’s remarks were aimed at deterring Iran from further provocations and reassuring the international community of Israel’s commitment to its security. As the geopolitical landscape continues to evolve, Netanyahu’s message serves as a reminder of the fragile balance of power in the Middle East 





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