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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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The Best Grilled Chicken

 


 Ingredients:

  • 1.75 pounds skinless chicken breasts
  • 6 tablespoons extra virgin olive oil
  • 4 large garlic cloves, minced
  • 1 teaspoon dried thyme
  • ½ teaspoon dried oregano
  • 1¼ teaspoons salt
  • ½ teaspoon black pepper
  • 1½ teaspoons lemon zest

Instructions:

1. Prepare the Chicken: Place the chicken breasts in a zip-lock bag and pound them to an even ½-inch thickness.

2. Make the Marinade: Mix all ingredients (except chicken) in a zip-lock bag.

3. Marinate: Add the chicken to the bag, seal, and refrigerate for at least 4 hours or overnight.

4. Grill: Preheat the grill to high heat and oil the grates. Cook the chicken for 2-3 minutes per side.

5. Serve: Transfer to a platter and enjoy!


This recipe is quick, easy, and perfect for a weeknight dinner or cookout. 

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