The Canadian Index

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Line chart of the VIX volatility index spiking on the September 16 Fed rate hike, then easing back within four sessions.

The US Federal Reserve raised its policy rate on September 16, 2026, its first increase in three years, ending two years of consecutive cuts. Market volatility jumped on decision day and settled within four sessions, a quick round trip suggesting investors treated the reversal as a brief shock. The more lasting risk is behavioural: plans built around a falling-rate trend, such as mortgage renewals and bond holdings, may be slow to adjust to the new direction.

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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Line chart of the Cboe VIX volatility index daily close from September 8 to October 6, 2026, staying within a narrow band.

Behavioural research on habituation suggests that a repeating shock eventually stops moving a risk gauge.

VIX Daily Close and Habituation to Oil Shocks, September 8 to October 6

October 7, 2026

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Line chart comparing Bank of Canada and US Federal Reserve policy rates at each decision from January 2025 to September 2026.

The US Federal Reserve raised its policy rate on September 16, 2026, its first increase in three years, citing persistent energy and consumer price pressure.

Why the Fed Just Broke Rank With the Bank of Canada

September 22, 2026

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Line chart showing the TSX Composite retreating over 24 sessions as bond yields resumed climbing.

The TSX Composite gave back most of Thursday's post-Fed rebound by Friday, closing at 35,677.84 as bond yields resumed climbing.

TSX Gives Back Post-Fed Rally as Bond Yields Resume Climbing

September 18, 2026

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Bar chart showing gold and silver rising while the TSX and crude oil fell on September 18.

Six major markets split unevenly on September 18: silver rose 2.32 percent and gold 1.00 percent even as both Canadian and U.S.

Gold and Silver Rise With Yields, Breaking the Usual Pattern

September 18, 2026

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Line chart showing the VIX volatility index holding in the mid-teens through a prolonged Strait of Hormuz conflict.

The VIX has held in the mid-teens for weeks even as the Strait of Hormuz conflict enters its third month and a Federal Reserve rate…

Why the Fear Gauge Is Sleeping Through a War and a Rate Hike

September 16, 2026

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Line chart showing the VIX volatility index jumping after the Federal Reserve's September 2026 interest rate increase.

The VIX climbed from a one-month low near 14 in early September to nearly 18 after the Federal Reserve raised its policy rate for the first…

Why an Expected Rate Hike Still Triggered a 631-Point Selloff

September 17, 2026

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