{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Peak Daily","title":"Basis points ⬆️ — The Bank of Canada announced a 0.75% rate hike. New iPhones. And markets are going haywire.","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/6d637fa3\"></iframe>","width":"100%","height":180,"duration":525,"description":"As expected, the BoC delivered another oversized rate hike, bumping the overnight interest rates up to 3.25% from 2.50% (or 75 basis points, if you’re fancy like that).\nApple held its latest product launch event, dubbed Far Out, yesterday, announcing a range of new goodies including the iPhone 14 and the Apple Watch Ultra.\nFreaked-out investors are pouring money into the US while pulling out of international stocks at a rate not seen since a 22-week run of outflows in 2019, per the WSJ.\nThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.","thumbnail_url":"https://img.transistorcdn.com/mOKuLVp8ENXizw8pFS5GUywt3l9MDz3H769LJwNxws4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9iZGI4/ODAwMzI2MzdjZjQy/YzBlNGU0OTA1MTky/MjExNC5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}