Thursday, October 8, 2026 SourcesAbout🌓
🇨🇦 CA ▾
BREAKING
› PRU Quarterly Report Investor Webinar› Senators’ Yakemchuk breaks tie with late power-play one-timer vs. Flyers› Putin tells Iran’s president that Russia will ‘do everything’ to help end war with U.S., Israel› Michigan Senate hopeful Mike Rogers faces pressure over Trump's trade war› 'Isolated, lapse in judgment,' says Banff National Park superintendent who violated National Parks Act› Ajax man accused of sexual assaults; elderly passenger critically hurt in crash› Leave for B.C. child killer sparks call for change at political level› EasyPark Receives Three Awards at Canadian Parking Association Conference› Flames on Sportsnet: Colorado vs. Calgary› U.S. ICE agents shoot and wound man during arrest in New York City› PRU Quarterly Report Investor Webinar› Senators’ Yakemchuk breaks tie with late power-play one-timer vs. Flyers› Putin tells Iran’s president that Russia will ‘do everything’ to help end war with U.S., Israel› Michigan Senate hopeful Mike Rogers faces pressure over Trump's trade war› 'Isolated, lapse in judgment,' says Banff National Park superintendent who violated National Parks Act› Ajax man accused of sexual assaults; elderly passenger critically hurt in crash› Leave for B.C. child killer sparks call for change at political level› EasyPark Receives Three Awards at Canadian Parking Association Conference› Flames on Sportsnet: Colorado vs. Calgary› U.S. ICE agents shoot and wound man during arrest in New York City
Business

U.S. Federal Reserve raises interest rates for 1st time in 3 years

CBC Business ·
U.S. Federal Reserve raises interest rates for 1st time in 3 years

The Federal Reserve said it cut rates to help bring inflation back to the central bank's two per cent target.

It's the first policy shift under the new Fed chief, who took office in late May after being selected by Trump with an expectation that he would ‌cut rates.

Read the full article on CBC Business ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cbc.ca — the content belongs to CBC Business.

More from CBC Business

See all ›

More in Business

See all ›