bit.fan
BMO
Nov 2, 2026

BMO economist says AI stock sell-off could ease inflation pressure on the Fed

BMO Senior Economist Jennifer Lee said a decline in AI stocks could help the Federal Reserve in its fight against inflation by cooling investment tied to data center expansion. According to Lee, hyperscale cloud providers raised large amounts of financing to build data centers, a process that pushed interest rates higher and added to inflation pressure. If AI investment slows, that could reduce some of the burden on the Fed’s inflation campaign. For crypto markets, Lee said the AI-led sell-off cuts both ways. On one side, weaker sentiment around AI can weigh on digital assets through a broader drop in risk appetite. On the other, if interest rates move lower, Bitcoin and Ethereum may become relatively more attractive. The remarks were cited by Techub, which referenced BeInCrypto.

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BMO economist says AI stock sell-off could ease inflation pressure on the Fed
Federal Reserve
Oct 7, 2026

FOMC minutes may show whether September hike was about credibility or the start of a new cycle

Investors are watching the upcoming Federal Open Market Committee, or FOMC, minutes for a clearer read on the thinking behind the Federal Reserve’s rate increase last month. Ian Lyngen, a strategist at BMO, said a fairly common market view before the last Fed meeting was that Chair Wash needed to raise rates to preserve the central bank’s policy credibility, rather than because recent economic data clearly demanded another round of tightening. Lyngen said the extent to which committee members discussed a similar "credibility hike" framework will be closely watched. If that idea appeared frequently in the minutes, he said, it could point to a more gradual path for future rate hikes, a view he said lines up with recent comments from Williams. He also said markets will focus on how the FOMC weighed risks around its dual mandate of full employment and price stability, as that discussion may help determine how strong the Fed’s appetite is for further tightening and whether markets have reason to treat the September move as a one-off action.

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FOMC minutes may show whether September hike was about credibility or the start of a new cycle
BMO
Oct 2, 2026

BMO and Mastercard roll out embedded virtual card payment management for business clients

Bank of Montreal (BMO) and Mastercard have launched a new embedded commercial payments feature for eligible corporate card customers in Canada. The offering allows those clients to initiate and manage BMO commercial virtual card payments directly within their operational software platforms, rather than handling the process outside their existing systems. According to the announcement cited by Techub News, the partnership makes BMO the first Mastercard issuer in Canada to deliver an integrated embedded finance and virtual card payment experience through participating platform integrations. The item was attributed to Finextra’s crypto channel.

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BMO and Mastercard roll out embedded virtual card payment management for business clients