Commodious Trading Inc. (CTI) is an international trader and processor specializing in the export of lentils, peas, chickpeas, canary, and flax seeds to world markets.
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.
Karl Schamotta, Chief Market Strategist and Karthik Sankaran, Senior Market Strategist, discussed what we can expect from currency markets in the short term, and coming into Q3. Tune in now!
“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