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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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Trump Touts Economic Agenda in State of the Union as Support Shows Signs of Erosion

                    Trump touts a 'roaring economy' in his State of Union as Americans continue to struggle.

President Donald Trump used his State of the Union address to spotlight what he described as a revitalized American economy, emphasizing job growth, rising wages, and renewed manufacturing activity. Speaking before a sharply divided Congress, Trump framed his economic record as evidence of strong leadership and a blueprint for continued national prosperity.

Throughout the speech, he highlighted tax cuts, deregulation efforts, and trade policies that he said had strengthened the country’s global position. He also urged lawmakers to “stay the course,” arguing that reversing his policies would jeopardize economic momentum.

Yet the address came at a moment when several national polls show a gradual decline in public support. Analysts point to concerns about inflation, uneven wage gains, and political polarization as factors shaping voter sentiment. While Trump’s core base remains energized, independent voters appear increasingly skeptical about the long-term impact of his economic strategy.

New Angle: A Renewed Push for Bipartisan Cooperation

In a notable shift from previous addresses, Trump also called for a “new era of cooperation” between parties, urging lawmakers to work together on infrastructure, border policy, and healthcare affordability. Whether this appeal signals a strategic pivot or a temporary rhetorical gesture remains to be seen, but it adds a new layer to the political landscape as the administration navigates a challenging year ahead.

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