Financial Post: Here's why bets are rising for interest rate hikes including for Canada

“Policy expectations have ratcheted higher across the advanced economies, reflecting a sharp jump in global inflation fears,” Karl Schamotta, chief currency strategist at Corpay Cross-Border Solutions, said in a note Monday. “If the warring countries reach a détente — or the (Donald) Trump administration follows its prior playbook and retreats from its regime change demands — oil prices could reset violently, unleashing a correction across fixed income and currency markets,” he said.

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