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Bank of Canada Rate Decision Tomorrow: What Every Canadian Needs to Know Before June 10

Current Rate 2.25% Held since Oct 2025 Expected Decision HOLD 34/34 economists Announcement 9:45 AM Wed, June 10 (ET) Prime Rate 4.45% Most major lenders On Wednesday morning, June 10, the Bank of Canada will announce its interest rate decision at 9:45 AM ET — and for Canadians with a mortgage, a variable-rate loan, or a renewal coming up, the decision is just two days away. Governor Tiff Macklem will follow with a press conference at 10:30 AM. The short answer: expect no change. But the full picture is considerably more complicated — and the Bank's tone tomorrow could signal whether rate hikes are quietly creeping back onto the table. The Consensus: A Hold, Full Stop The economist community is remarkably united heading into this decision. In a Reuters poll conducted June 2–5, all 34 economists surveyed predicted the Bank would leave its overnight rate at 2.25%. More than 80% said it would stay there for the rest of 2026. "Under normal circumstances, today's sagging econom...
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Families of Israeli Hostages Voice Doubts as Trump and Netanyahu Announce Gaza Deal


The families of Israeli hostages held in Gaza have expressed deep concern following the announcement of a U.S.-brokered peace plan between President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. The 20-point proposal, unveiled at the White House, calls for an immediate ceasefire, the release of all remaining hostages within 72 hours, and a phased Israeli withdrawal from Gaza.

While Netanyahu hailed the plan as meeting Israel’s “war aims,” relatives of the captives fear that ongoing military operations could jeopardize the lives of the roughly 20 hostages still believed to be alive. Demonstrators gathered outside the White House, urging Trump to prioritize the hostages’ release above political maneuvering.

The plan also includes the exchange of Palestinian prisoners, the deployment of an international security force, and the establishment of a temporary governing body chaired by Trump with former UK Prime Minister Tony Blair among its members. Hamas has yet to formally respond, though mediators in Qatar and Egypt say the group is reviewing the proposal “in good faith”.

Despite international support from several Arab and Western nations, uncertainty remains. For hostage families, the deal represents both a glimmer of hope and a source of anxiety, as they wait to see whether promises on paper will translate into the safe return of their loved ones.


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