TSX futures decline as the market closely monitors the policy actions of the twin central banks. The Bank of Canada and the Federal Reserve are about to announce their interest rate decisions, and investors are noticeably adopting a wait-and-see attitude. The futures market has reacted in advance, with traders awaiting policy signals—how long can this interest rate cycle last? Decisions by the two major central banks not only influence North American capital flows but also have ripple effects on global risk asset pricing. Short-term volatility is inevitable; the key lies in the future trajectory hinted at in the policy statements.