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Reuters: Fed holds steady in Warsh's debut; analysts see hawkish shift

"This Fed decision was ​short, but not sweet. Kevin Warsh moved swiftly to put his stamp on the central bank’s communication strategy by executing a dramatic revision to the official statement,...", - Karl Schamotta, Corpay Cross-Border Solutions.

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By Cross-Border
Jun 17, 2026
Executive summary

Canada's inverted yield curve adds to BoC rate hike dilemma

Canada's inverted yield curve adds to BoC rate hike dilemma

"Markets think the Canadian economy is about to suffer a triple blow as domestic consumption collapses, U.S. demand weakens and global commodity prices drop," said Karl Schamotta, chief market strategist at Corpay.

Lightspeed to Provide Customers  with Lightspeed ePay, Powered by Corpay

Lightspeed to Provide Customers with Lightspeed ePay, Powered by Corpay

Lightspeed to Provide Customers with Lightspeed ePay, Powered by Corpay

Corpay Cross-Border Announced as World Table Tennis’s Official Global FX Payments Supplier

Corpay Cross-Border Announced as World Table Tennis’s Official Global FX Payments Supplier

Providing access to cross-border payments and currency risk management solutions

Corpay Cross-Border Announced as World Baseball Softball Confederation’s Official Global FX Payments Provider

Corpay Cross-Border Announced as World Baseball Softball Confederation’s Official Global FX Payments Provider

Providing access to cross-border payments and currency risk management solutions

The strong dollar slumps

The strong dollar slumps

Read Corpay's Karthik Sankaran's comments in the Financial Times article here.

Dollar loses ground after economic data boosts risk appetite

Dollar loses ground after economic data boosts risk appetite

"Risk appetite has improved. That tends to weaken the dollar," said Karl Schamotta, chief market strategist at payments company, Corpay.

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