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Bank of Canada Rate Decision Countdown: What to Expect on July 15

  Published July 4, 2026 In eleven days, the Bank of Canada will make its fifth interest rate call of 2026. If you've got a mortgage renewing, a variable rate that moves with the Bank's decisions, or savings sitting in a high-interest account, this is the date to have circled. Here's where things stand heading into July 15, and what the smart money is expecting. Where the rate sits right now The Bank of Canada has held its policy rate at 2.25% since its last two decisions, with the Bank Rate at 2.50% and the deposit rate at 2.20%. The July 15 announcement, released at 9:45 a.m. ET, will also come with a full Monetary Policy Report, since the Bank publishes its detailed economic projections quarterly alongside the January, April, July, and October decisions. Why most economists expect another hold The case for standing pat comes down to two forces pulling in opposite directions: Inflation is running hot, but mostly for one reason. Canada's headline inflation rate jumped...
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Turmoil in Bangladesh: Prime Minister Sheikh Hasina Resigns and Flees Amidst Protests

 


In a dramatic turn of events, Bangladeshi Prime Minister Sheikh Hasina has resigned and left the country for a “safer place” following weeks of intense anti-government protests. The 76-year-old leader’s departure comes after thousands of demonstrators stormed her official residence, demanding her resignation.

The unrest, which began as a movement against civil service job quotas, quickly escalated into widespread calls for Hasina to step down. The situation reached a boiling point when at least 90 people were killed and hundreds injured in violent clashes between protesters and security forces.

As the protests intensified, the government imposed a nationwide curfew and shut down internet services in an attempt to quell the unrest. However, these measures did little to deter the demonstrators, who continued to march through the streets of Dhaka, chanting slogans and demanding change.

In a televised address, Bangladesh’s military chief, Waker-Uz-Zaman, confirmed Hasina’s resignation and announced that an interim government would take over the administration of the country. The army has been deployed across the capital to maintain order and prevent further violence.

The resignation of Sheikh Hasina marks the end of her 15-year rule, during which she faced numerous challenges and controversies. As Bangladesh navigates this period of political uncertainty, the international community watches closely, hoping for a peaceful resolution to the crisis.

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