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BNN Bloomberg: Trump severely hurt U.S. FED's credibility: Schamotta

Corpay chief market strategist Karl Schamotta joined BNN Bloomberg this morning to discuss how markets are reacting to the assault on the Fed's independence, and how the AI boom is impacting the broader economy.

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Aug 27, 2025
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Corpay Announces New Collaboration with Sunflower Bank, N.A.
Global paymentsCross-Border

Corpay Announces New Collaboration with Sunflower Bank, N.A.

Collaboration will provide Sunflower Bank, N.A. clients access to cross-border payments and foreign currency exchange solutions

'Challenge for the Bank of Canada': What the economists are saying about the April job numbers
Cross-Border

'Challenge for the Bank of Canada': What the economists are saying about the April job numbers

Canada' job numbers blew past expectations in April, but that wasn't the only surprise

Job market held strong in April, providing little relief to Bank of Canada
Cross-Border

Job market held strong in April, providing little relief to Bank of Canada

Meanwhile, Karl Schamotta, chief market strategist at foreign exchange firm Corpay says the implications of the latest jobs data for interest rates are “unambiguous.”

C$ climbs to 2-week high as BoC rate cut bets ease
Global payments

C$ climbs to 2-week high as BoC rate cut bets ease

"Another blockbuster Canadian jobs number," said Karl Schamotta, chief market strategist at Corpay.

Why King Charles won't be on Canada's banknotes anytime soon
Cross-Border

Why King Charles won't be on Canada's banknotes anytime soon

Watch: Corpay's Karl Schamotta on the process to replace banknotes after King Charles' coronation

Regional and Central Banks performing a 'delicate dance' amid collapses and rate hikes
Cross-Border

Regional and Central Banks performing a 'delicate dance' amid collapses and rate hikes

Karl Schamotta joins BNN Bloomberg to discuss the upcoming moves of regional and central banks following the current trend of collapsing banks, continuous rate hikes by the U.S. Fed and of course, the looming threat of further inflation.

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