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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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Wall Street Futures Rise on Optimism Ahead of Trump–Xi Trade Talks

 


US stock futures climbed Monday as investors grew more confident that a breakthrough in US-China trade negotiations could be within reach. The optimism comes ahead of President Trump’s highly anticipated meeting with Chinese President Xi Jinping later this week.

  • Dow Jones Industrial Average futures rose about 200 points, or 0.5%.
  • S&P 500 futures gained 0.8%.
  • Nasdaq 100 futures led the rally, climbing 1.3% on strength in technology shares.

The upbeat sentiment follows a record-setting week on Wall Street, with all three major indexes closing at all-time highs. Traders are also bracing for a pivotal few days that include the Federal Reserve’s upcoming interest-rate decision and a wave of Big Tech earnings.

Markets are betting that progress in trade talks, combined with supportive monetary policy, could extend the rally and provide fresh momentum for equities.


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