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The Fed Just Hiked Rates. Here's What It Means for Your Canadian Mortgage.

  The U.S. Federal Reserve raised its benchmark rate 25 basis points yesterday — the first hike in three years. The Bank of Canada hasn't moved. That gap is now the biggest story in Canadian personal finance. MoneySavings.ca  |  September 17, 2026  |  Canadian Money Brief Yesterday afternoon, the Federal Open Market Committee voted 12-0 to raise the U.S. federal funds rate by a quarter point, pushing it to a target range of 3.75%–4.00%. It's the Fed's first rate hike since July 2023, and Chair Kevin Warsh made clear it almost certainly won't be the last. The Bank of Canada, by contrast, has held its overnight rate at 2.25% through seven straight meetings. It doesn't decide again until October 28. For Canadians with a mortgage, a renewal coming up, or a home equity line of credit, this matters more than it might look at first glance. 3.75–4.00% New U.S. Fed Rate 2.25% Bank of Canada Rate 1.625% Rate Gap (vs. 1.375% yesterday) ~71.5¢ Loonie (post-hike low) What th...
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RFK Jr. Poised to Announce Controversial Link Between Tylenol Use in Pregnancy and Autism

 

U.S. Health Secretary Robert F. Kennedy Jr. is preparing to release a Department of Health and Human Services report that will allege a potential connection between the use of Tylenol (acetaminophen) during pregnancy and autism. The forthcoming report, expected later this month, will also propose that folinic acid — a form of folate — could help alleviate symptoms of autism in some individuals.

Tylenol, manufactured by Kenvue, is one of the most widely used over-the-counter pain relievers, including among pregnant women. While Kennedy’s report is anticipated to highlight low folate levels and acetaminophen exposure as possible contributors to autism, there is currently no established scientific consensus supporting a causal link.

Kenvue has strongly rejected the claim, stating that decades of research and regulatory guidance affirm the drug’s safety when used as directed. The U.S. Food and Drug Administration and leading medical organizations maintain that acetaminophen remains a safe option for pain relief during pregnancy, provided it is taken under medical advice.

The announcement is expected to reignite debate over the causes of autism, a condition affecting roughly one in 31 U.S. children, and could have significant implications for public health guidance and ongoing legal battles over the drug’s safety.


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