Interest rate cut could bring new homebuyers back into the market, Home of the Week and more top real estate stories: Canadian real estate news for the week of Sept. 19 Home of the Week, 347036 Mono Centre Rd., Mono, Ont. MITCHELL HUBBLE/Modern Movement Creative

Until Wednesday, Canada's central bank had kept its policy rate at 2.75 per cent for three consecutive meetings, citing ongoing inflation pressures and Trump tariff-induced costs.

Canada's benchmark stock index ended slightly higher on Wednesday, helped by gains for consumer discretionary shares, as the Bank of Canada and the Federal Reserve resumed cutting interest rates.

The Bank of Canada (BoC) is widely anticipated to reduce its benchmark interest rate by a quarter percentage point on Wednesday, taking it to 2.50% after three consecutive ‘on hold’ decisions. The chances of the BoC resuming its easing cycle have increased due to weak growth, a soft labour market, and relatively controlled inflation.

TORONTO (Reuters) -Canada's annual inflation rate rose 1.9% in August as petrol prices on a yearly basis fell at a slower pace than the previous month and food prices were up slightly, data showed on Tuesday. DEREK HOLT, VICE PRESIDENT OF CAPITAL MARKETS ECONOMICS AT SCOTIABANK

Bills QB Josh Allen Has Broken a Major Patrick Mahomes Record Poll Deals Major Blow to Trump’s Presidential Power The manhunt in Charlie Kirk’s killing ended with the suspect’s parents walking him up

Fresh U.S. data suggest the Fed may not need to hurry monetary easing, triggering a bonds selloff and sending Treasury yields and the dollar higher. Weekly jobless claims fall to 231,000 from an upwardly revised 264,