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Line chart of the TSX Composite over the week the Fed hiked rates and the Bank of Canada held.

Two G7 central banks moved in opposite directions the week of September 15: the Federal Reserve raised its policy rate a quarter point to 3.75 to 4 percent, while the Bank of Canada held at 2.25 percent for a ninth straight meeting and floated cuts. Canadian bond yields climbed regardless, with the five-year Government of Canada yield near a 52-week high. The TSX Composite slid off its August highs but was cushioned by Hormuz-driven oil near 97 dollars a barrel and a fresh gold record near 4,390 dollars.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Charts and data on this site are provided for general informational and educational purposes only and do not constitute financial, investment, tax, or legal advice. Each chart reflects the source and period indicated on it and may not represent current market conditions.

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