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TSX:RY 9 October 2025 - 1 December 2025

Bank of Canada Cuts Key Rate to 2.25% – Is This the End of Rate Cuts?

Bank of Canada Cuts Key Rate to 2.25% – Is This the End of Rate Cuts?

The Bank of Canada cut its overnight rate by 25 basis points to 2.25% on Oct. 29, its second consecutive cut. Governor Tiff Macklem signaled no further cuts are planned for now, citing sticky core inflation near 3% and sluggish growth forecasts. The Canadian dollar firmed to about C$1.3915 per USD and major bank stocks rose after the announcement. Markets had widely expected the move.
29 October 2025
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Shocking IRS Update: New 2026 Tax Brackets Slashed for Millions – Here’s How Much You’ll Save

Shocking IRS Update: New 2026 Tax Brackets Slashed for Millions – Here’s How Much You’ll Save

The IRS released 2026 tax brackets and deductions, raising the standard deduction to $32,200 for joint filers and $16,100 for singles. All income thresholds shift higher, with a single earner making $50,000 now taxed at 12% instead of 22%. Marginal rates remain at 10%–37%. The changes follow the “One Big Beautiful Bill” signed in July 2025, which made most 2017 tax cuts permanent.
9 October 2025
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