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5 Things to Know Today — September 22, 2026

  September 22, 2026 BoC hike odds reach a coin flip. Oil retreats from four-month highs. Trump's Belarus potash play draws fire. A new federal bill speeds up major projects — with strings attached. Here's what moves your money today. 1. BoC October Hike Is Now a Coin Flip The Bank of Canada next meets October 28 , and markets are evenly split on whether it will raise rates for the first time since cutting to 2.25%. The whiplash is largely imported: after the U.S. Federal Reserve hiked 25 basis points to 3.75–4.00% on September 16 in a unanimous 12-0 vote — the first American rate increase since July 2023 — market-implied odds of a matching BoC move jumped from below 10% to roughly 60% in two weeks, according to LSEG Data & Analytics. Before the BoC's September 2 hold, odds of a hold sat at 94%. The 175-basis-point gap between the BoC (2.25%) and the Fed (3.75–4.00%) is the widest since 2022, which puts direct downward pressure on the loonie and upward pressure on Ca...
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Moscow Declares Post-Summit Peace Momentum with Ukraine “Exhausted”

Trump and Putin met at a Cold War-era air force base in Anchorage, Alaska, on August 15 in an attempt to end the conflict.

Russia has announced that the momentum for peace talks with Ukraine, which briefly gained traction following the August summit between President Vladimir Putin and U.S. President Donald Trump in Alaska, has now dissipated.

Deputy Foreign Minister Sergei Ryabkov said the “powerful momentum” created in Anchorage has been “largely exhausted,” blaming European nations for undermining potential agreements. He argued that Western support for Kyiv has effectively derailed any progress toward a settlement.

The summit, held at a Cold War-era air base in Anchorage, was initially seen as a rare opportunity to ease the deadliest conflict in Europe since World War II. Trump had expressed hope that direct talks could pave the way for compromise, though no concrete agreements were reached.

Ryabkov also warned Washington against supplying Ukraine with Tomahawk missiles, calling such a move a “qualitative change” in the conflict. Trump, for his part, has said he would seek clarity on Ukraine’s intentions before approving any transfer of the weapons, citing concerns about escalation.

Meanwhile, Ukrainian President Volodymyr Zelensky continues to press for stronger Western backing, accusing Moscow of using covert tactics to destabilize Europe while intensifying its military campaign.

The Kremlin’s remarks underscore the fragile state of diplomacy, with hopes for a negotiated peace now appearing more distant than ever.


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