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BNN Bloomberg: Expect U.S. FED to hold rates steady: Schamotta

Karl Schamotta, Chief Market Strategist at Corpay, joins BNN Bloomberg to discuss assess the path forward for the U.S. and Canadian economies, as well as the BoC and FED's path forward.

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Jul 30, 2025
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Rate hikes' expectations have anchored up; central banks could pivot in 2023: Strategist
Cross-Border

Rate hikes' expectations have anchored up; central banks could pivot in 2023: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss his market outlook as the Bank of Canada and the Fed reiterate their commitment to bring inflation down.

Bank of Canada's 'soft landing' scenario hits the rocks in bond market
Cross-Border

Bank of Canada's 'soft landing' scenario hits the rocks in bond market

"In Canada, investors are worried about the impact a downturn in housing markets - and a longer-term household deleveraging cycle - could have on the wider economy," said Karl Schamotta, chief market strategist at Corpay.

Dollar extends declines as traders pull back rate hike bets
Cross-Border

Dollar extends declines as traders pull back rate hike bets

“Risk appetite has rebounded across the financial landscape on the prospect of less restrictive monetary policy from the Federal Reserve,” said Karl Schamotta, Chief Market Strategist at Corpay.

International Motorcoach Group Partners with Corpay to Provide Customers with a Streamlined Commercial Card Solution
Commercial CardsExpense management

International Motorcoach Group Partners with Corpay to Provide Customers with a Streamlined Commercial Card Solution

The collaboration between IMG and Corpay’s Payments Automation team will offer enhanced opportunities in the credit card and payment processing space for IMG members.

Post-pandemic boom in the service industry, loonie to see upside: Karl Schamotta
Cross-Border

Post-pandemic boom in the service industry, loonie to see upside: Karl Schamotta

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss Canada's economic strength as it dodges a GDP contraction for May.

Dollar advances with all eyes on Fed
Cross-Border

Dollar advances with all eyes on Fed

“There is sort of a mood shift going on out there with respect as to whether we will see that pivot or even hints of a dovish pivot here,” said Karl Schamotta, chief market strategist at business payments company Corpay, in Toronto.

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