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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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TSMC Sparks Tech Rally as U.S. Futures Rebound


A fresh wave of optimism swept through financial markets as U.S. stock futures climbed, led by a strong rebound in the tech sector. Nasdaq futures outperformed early Thursday, followed by gains in the S&P 500 and Dow Jones Industrial Average, signaling renewed confidence after two sessions of declines.

The surge was fueled by an upbeat outlook from Taiwan Semiconductor Manufacturing Company (TSMC), whose latest results highlighted the continued strength of the AI-driven chip boom. The company reported a sharp rise in quarterly profit and reaffirmed its commitment to heavy investment in advanced semiconductor production—an encouraging sign for investors betting on long-term AI growth.

TSMC’s momentum lifted semiconductor stocks globally and helped restore confidence in megacap tech names that had recently come under pressure. With earnings season underway and broader economic signals still mixed, the market’s reaction suggests that AI remains one of the most powerful forces shaping investor sentiment.


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