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5 Things to Know Today: Hot U.S. Inflation, BoC Hike Odds, Loonie Slump (Oct. 15)

  Canadian Money Brief | Thursday, October 15, 2026 A hotter-than-expected U.S. inflation print rattled markets Wednesday, just as Canadians wait on their own CPI and a Bank of Canada decision. Here are the five things that matter to your wallet today. 1. Hot U.S. inflation knocks the TSX down 1.1% U.S. consumer prices rose 3.7% in September from a year earlier (up from 3.4% in August), with a 0.6% monthly jump, the biggest in five months; core inflation rose to 2.6% from 2.4%, per the Labor Department. Gasoline jumped 9.1% in the month. CME FedWatch odds of a Fed hike at the Oct. 27-28 meeting roughly doubled but sit near 50-50. The S&P/TSX Composite fell 399.52 points (-1.11%) to 35,584.46 Wednesday, ending a three-day win streak; basic materials sank 4.33%, and all six big banks finished lower. The Nasdaq lost 1.88%. What it means for you: Higher U.S. rates tend to pull Canadian bond yields up too, and that is what fixed mortgage rates follow. If you have a renewal coming,...
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Iran's Supreme Leader Warns Israel of Harsh Consequences

 

In a recent statement, Iran's Supreme Leader Ayatollah Ali Khamenei warned Israel of severe repercussions. Khamenei declared that Israel's actions had laid the foundation for what he described as "harsh punishment for itself." This strong rhetoric comes amid heightened tensions between Iran and Israel, particularly concerning regional security and the ongoing conflict in the Middle East.

Khamenei's remarks reflect Iran's longstanding opposition to Israel and its policies. The Supreme Leader's statement underscores the volatile nature of the relationship between the two nations, which has seen numerous escalations over the years. The context of this latest warning is critical as both countries continue to influence the geopolitical landscape of the region.

The international community is closely monitoring these developments, with many concerned about the potential for further escalation. Diplomatic efforts to ease tensions have been ongoing, but statements like Khamenei's highlight the persistent challenges to achieving lasting peace and stability in the Middle East.


As the situation unfolds, the world watches with apprehension, aware that the actions and responses of these two nations could have far-reaching implications for regional and global security.

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