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5 Things to Know Today: Fed Decision Looms, TSX Slides, Gas Prices Climb (Sept 16)

  Wednesday, September 16, 2026 The Fed's biggest decision in years lands at 2 p.m. ET today, the TSX and loonie are both licking their wounds, and drivers are paying more at the pump despite the gas tax holiday. Here's what's moving your money this morning. 1. The Fed Decides on Rates Today — and a Hike Looks All but Certain The Federal Reserve announces its rate decision at 2 p.m. ET, with Chair Kevin Warsh's press conference to follow at 2:30 p.m. Markets have priced in over 90% odds of a 25-basis-point hike, which would lift the target range to 3.75%–4.00% from 3.50%–3.75%, where it's sat since December. It would be the first hike of this cycle, driven by inflation still running above target even as the labour market holds up. What it means for you: A Fed hike widens the gap with the Bank of Canada's 2.25% rate, which tends to pressure the loonie lower and nudge Canadian bond yields — and by extension fixed mortgage pricing — upward. Watch for the reaction ...
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How to Eat Healthy on a Budget in 2024

 


The cost of food is expected to rise by 3.5% in 2024, according to the latest report from the Food and Agriculture Organization. This means that eating healthy can be challenging for many people who are on a tight budget. However, there are some ways to save money and still enjoy nutritious meals. Here are some tips:

- Plan your meals ahead and make a shopping list. This will help you avoid impulse buying and wasting food. You can also look for sales and discounts on items that you need.

- Buy in bulk and freeze or store the leftovers. You can save money by buying larger quantities of staples like rice, beans, pasta, oats, and frozen vegetables. You can also cook large batches of soups, stews, casseroles, and other dishes and freeze them for later use.

- Choose seasonal and local produce. Fruits and vegetables that are in season and grown locally are usually cheaper and fresher than those that are imported or out of season. You can also visit farmers' markets or join a community-supported agriculture (CSA) program to get fresh produce at a lower price.

- Grow your own food. If you have some space and time, you can grow your own herbs, salad greens, tomatoes, peppers, and other crops in pots, containers, or a small garden. This will not only save you money but also give you access to organic and pesticide-free food.

- Cook from scratch and avoid processed foods. Processed foods are often high in salt, sugar, fat, and additives, which can harm your health and increase your medical bills. Cooking from scratch allows you to control the ingredients and the portion sizes. You can also use cheaper cuts of meat, such as chicken thighs, ground beef, or pork shoulder, and make them tender and flavorful by using marinades, spices, herbs, and slow cooking methods.

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