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The Rate Cuts Are Over — Is a Hike Coming?

  July 23, 2026 Oil shocks, sticky inflation and a technical recession are pulling the Bank of Canada in opposite directions at once. For most of the past two years, the only question about the Bank of Canada was how far and how fast it would cut. The overnight rate fell from 5.00% to 2.25% between June 2024 and October 2025, one of the sharpest easing cycles in the Bank's history, and it has held there through six consecutive decisions since. That story is now over. The question on the table for the rest of 2026 isn't whether the Bank cuts again — it's whether the next move is actually a hike. Two conflicting signals, one Bank The case for staying put — or even cutting — comes from the growth side of the ledger. Statistics Canada data showed the economy contracted in both the fourth quarter of 2025 and the first quarter of 2026, meeting the informal definition of a technical recession. That was enough to have some economists warning the Bank had no room to raise rates at a...
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Anant Ambani’s Extravagant Wedding Captivates the World

 

The opulent wedding of Anant Ambani, the youngest son of Asia’s wealthiest man, Mukesh Ambani, has captured global attention. Held at the Ambani-owned Jio World Convention Centre in Mumbai, the event was nothing short of spectacular. Here are the highlights:

  1. Celebrity Guest List: The guest list read like a who’s who of the world’s elite. Reality TV star Kim Kardashian, professional wrestler and Hollywood actor John Cena, and former British Prime Minister Tony Blair were among the attendees.

  2. Staggering Wealth: The wedding showcased the Ambani family’s immense wealth. More than 100 private planes ferried guests to and from India, emphasizing the scale of the celebration.

  3. Months of Festivities: The wedding was the culmination of months of festivities. Pop stars Rihanna and Justin Bieber performed at various pre-wedding events, adding to the glamour.

  4. Family Unity: Billionaire Mukesh Ambani stood proudly with his family—wife Nita, daughter Isha, and sons Akash and Anant—as they celebrated Anant’s union with Radhika Merchant.

In summary, Anant Ambani’s wedding was a dazzling affair that left the world in awe. 

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