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5 Things to Know Today: US Inflation Day, Canada’s Job Losses and Oil Near $106 | Oct. 14, 2026

  Canadian Money Brief  |  Wednesday, October 14, 2026 Good morning. The biggest number of the day lands at 8:30 a.m. ET, and it could shape where mortgage rates and the loonie go next. Here are the five things worth knowing before you start your day. 1 US inflation report lands at 8:30 a.m. ET September U.S. CPI is the last major inflation reading before the Fed meets Oct. 27–28. Economists expect headline inflation to climb to roughly 3.6%–3.7% from 3.4% in August, a gasoline-driven jump of about 0.6% on the month, while core inflation is seen cooling to around 0.2% month over month. The Fed raised its target range to 3.75%–4.00% on Sept. 16, but September payrolls added just 29,000 jobs, and markets now see roughly a one-in-four chance of another hike in October, with December still largely priced in. What it means for you: A hotter-than-expected print can push bond yields higher, and Canadian fixed mortgage rates follow the 5-year bond. A cooler one eases the pressu...

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Tragic Suicide Bombing at Quetta Railway Station Claims 26 Lives

 

In a devastating incident, a suicide bomber detonated an explosive device at a railway station in Quetta, southwestern Pakistan, on Saturday, resulting in the deaths of at least 26 people, including soldiers and railway staff. The attack, which also left around 62 others injured, occurred as nearly 100 passengers were waiting for a train to Rawalpindi.

The explosion caused significant damage to the station, with the steel structure of the platform’s roof blown apart and luggage scattered across the area. Emergency services rushed to the scene, transporting the injured to nearby hospitals, where some of the critically wounded succumbed to their injuries.

The Balochistan Liberation Army, a separatist group, claimed responsibility for the attack, stating that it targeted troops present at the station. This incident follows a recent bombing in the province that killed nine people, including five children.

Prime Minister Shehbaz Sharif condemned the attack, vowing that those responsible would face severe consequences. The international community, including Afghanistan and Russia, also expressed their condolences to the victims’ families.

This tragic event highlights the ongoing security challenges in the region and the need for continued efforts to combat terrorism.


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