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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 Pressures Tehran as Calls for Negotiations Intensify

 

esident Donald Trump speaks with reporters during the swearing in ceremony for Homeland Security Secretary Markwayne Mullin in the Oval Office of the White House, Tuesday, March 24, 2026, in Washington.


President Donald Trump has issued a stark warning to Iran, urging its leaders to engage in negotiations “before it is too late,” as military tensions continue to rise across the region. His remarks, delivered via social media, emphasized that Iran faces severe consequences if it refuses to pursue a peace agreement. 

The warning comes amid ongoing U.S. and Israeli military operations targeting Iranian infrastructure and leadership figures. Despite Washington’s insistence that indirect talks are underway, Tehran publicly denies any formal negotiations, insisting it is merely reviewing proposals relayed through intermediaries. 

Trump described Iranian negotiators as “strange” and claimed they were “begging” for a deal behind the scenes while rejecting U.S. terms in public. He stressed that Iran’s military capabilities had been severely diminished, leaving the country with “zero chance of a comeback” if hostilities escalate further. 

Meanwhile, the conflict continues to destabilize the region. Iran has launched missile attacks on Israel and attempted to restrict shipping through the Strait of Hormuz, while U.S. forces prepare for potential additional deployments. With both sides trading threats and denying each other’s claims, the path to de‑escalation remains uncertain. 

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