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Reuters: Investors become inured to policy whiplash, Powell headlines cause limited reaction

“The many twists and turns in U.S. tariff policy since the start of the year have already inured investors to abrupt changes in policy. "Traders and investors have learned to take political posturing with a grain of salt," said Karl Schamotta.

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Jul 17, 2025
News8

Bank of Canada uses 'shock and awe' to bolster inflation-fighting credibility
Cross-Border

Bank of Canada uses 'shock and awe' to bolster inflation-fighting credibility

"Exceeding forward guidance might have been the point - by delivering more than expected, policymakers may have hoped to magnify the psychological impact on businesses and consumers," says Karl Schamotta, chief market strategist at Corpay.

Canadian dollar hasn't gone up with oil prices like it usually does, complicating the Bank of Canada's inflation fight
Cross-Border

Canadian dollar hasn't gone up with oil prices like it usually does, complicating the Bank of Canada's inflation fight

“The dollar is crushing every major currency in its path,” says Karl Schamotta, chief market strategist at Corpay.

What economists are saying about Bank of Canada's steep rate increase
Cross-Border

What economists are saying about Bank of Canada's steep rate increase

“Fear of an unmooring in inflation expectations was evident throughout the release", says Karl Schamotta, chief market strategist at Corpay.

Canada jobless rate drops to a record low of 4.9%
Cross-Border

Canada jobless rate drops to a record low of 4.9%

“With inflation pressures remaining elevated and the economy growing, the Bank of Canada remains highly likely to raise rates by 75 basis points next week”, says Karl Schamotta, Chief Market Strategist at Corpay

How the recent federal election will impact the Aussie dollar and local business
Cross-Border

How the recent federal election will impact the Aussie dollar and local business

Read the article David Britten wrote for RetailBiz

Corpay Cross-Border Announces a New Collaboration with Triterras
Cross-BorderGlobal paymentsRisk management

Corpay Cross-Border Announces a New Collaboration with Triterras

Provides Triterras and Kratos platform members access to cross-border payments and foreign currency exchange solutions

Corpay products, powered by AI. See how we're leading the future of business payments.

Smarter payments. Stronger growth. Keep business moving.

See how Corpay brings AP, card programs, lodging, fleet and cross-border together