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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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Investigation Continues in Trump Assassination Attempt Case

 

After conducting over 100 interviews, searching the suspect’s home and vehicle, and gaining access to his cellphone, FBI investigators are still searching for the motive behind the 20-year-old Pennsylvania man’s attempt to assassinate former President Donald Trump. 

The Pennsylvania State Police clarified that they were not responsible for securing the area where the gunman opened fire from a rooftop during a campaign rally in Butler Township, Pennsylvania. The FBI is investigating whether the shooter was a politically motivated domestic violent extremist, and they continue to analyze his electronic devices.

Additionally, the Department of Homeland Security has warned about the potential for “follow-on” or “retaliatory” acts in response to this assassination attempt. The investigation is ongoing, and authorities are focusing on understanding what drove the suspect to commit such a brazen act.

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