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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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Inside Taylor Swift & Travis Kelce’s Whirlwind Engagement: The Sweet Backyard Proposal That Couldn’t Wait

 

Taylor Swift and Travis Kelce have officially taken their romance to the next level, announcing their engagement with a joint Instagram post that sent fans into a frenzy. The couple, both 35, shared a series of dreamy photos from the moment, including a close-up of Swift’s dazzling Old Mine brilliant-cut diamond ring — designed by Kelce himself.

But according to Travis’s father, Ed Kelce, the proposal almost happened later — until Swift’s excitement sped things up. Speaking to News 5 Cleveland, Ed revealed that Travis had originally planned a grander event but moved the date forward because Taylor was getting “a little antsy”.

Instead, Kelce opted for an intimate setting: the garden of his Missouri home, which he decorated with flowers around a gazebo. The couple were about to head out for dinner when Travis suggested they share a glass of wine outside. That’s when he got down on one knee and popped the question.

The moment was kept under wraps for nearly two weeks, partly to avoid overshadowing Swift’s album release. After she said yes, the pair immediately FaceTimed their families to share the news.

While wedding plans haven’t been announced, one thing is clear — this love story is unfolding with the same mix of romance and spontaneity that has defined their relationship from the start.

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