Recession bets rise in Canada as sticky inflation points to higher rates
Category:Cross-Border
Updated:2023-06-29
"If central banks such as the Bank of Canada continue to raise rates at this pace, they risk tilting the economy into a recession and forcing themselves into an eventual embarrassing climb down," said Karl Schamotta, chief market strategist at Corpay. Read the full article on Reuters, here.
Switch to Corpay
Discover how making the move to Corpay streamlines payments and strengthens your business.
Talk to an ExpertSmarter payments. Stronger growth. Keep business moving.
Corpay powers payments for 800,000+ businesses worldwide. Let’s build what’s next for yours.