Doing business with a down dollar in B.C.
Category:Cross-Border
Updated:2022-10-11
“The [U.S. Federal Reserve] is clearly the biggest force here,” said Karl Schamotta, chief market strategist at 91 (Fleetcor Technologies Inc.). “The fact that inflation in the U.S. is running higher and at a more persistent level than markets had expected has meant that the Fed is tightening policy to the point that it is breaking things throughout the global economy.”
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