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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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Medvedev Warns of Nuclear Risks Amid Trump’s Tomahawk Threats


Russian Security Council Deputy Chairman Dmitry Medvedev has reignited nuclear rhetoric following U.S. President Donald Trump’s suggestion that Washington could supply long-range Tomahawk missiles to Ukraine if Moscow refuses to end the war.

Medvedev, a close ally of President Vladimir Putin, argued that once launched, it is impossible to distinguish between Tomahawk missiles carrying conventional warheads and those armed with nuclear payloads. Writing on Telegram, he warned that such deliveries could “end badly for everyone, especially Trump,” hinting at the possibility of a nuclear response.

Trump, speaking over the weekend, reiterated that he may authorize the transfer of Tomahawks to Kyiv, saying, “We may not, but we may do it… Do they want to have Tomahawks going in their direction? I don’t think so.”

The exchange underscores the escalating tension between Washington and Moscow, with Medvedev’s remarks amplifying fears of nuclear brinkmanship. Kremlin spokesman Dmitry Peskov later backed Medvedev’s warning, stressing that U.S. missile supplies would be viewed as a direct threat to Russia’s security.

As the war grinds on, the rhetoric highlights the increasingly dangerous stakes of Western military support for Ukraine and the Kremlin’s readiness to invoke nuclear scenarios in response.


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