The Bank of Canada suddenly changed its tune! 🔥

Just as the whole world is watching the Fed for rate cuts, an unexpected piece of news comes from the north—the market is now starting to bet that not only will the Bank of Canada not cut rates, but it might even reverse course and hike rates before October 2026.

This wasn’t the script, was it? Weren’t we just discussing how much rates would be cut next year?

The turning point was the employment data. The numbers for November were explosive: the unemployment rate dropped sharply, and job creation far exceeded expectations. With the economy running this hot, inflationary pressures immediately followed. To keep prices stable, the central bank has to consider pulling out the rate hike card again.

The bond market has already reacted—government bonds were dumped like crazy, and yields shot up. Classic "tightening expectations" trading. Investors are voting with their feet, telling you they believe policy is about to shift.

What’s interesting about this? It shatters an illusion: not all central banks will follow the Fed step by step. If your own economy is strong enough (booming employment is the best evidence), you can choose your own independent path and tighten when necessary.

🧊 This pours cold water on the global optimism about “easy money.”

If Canada really takes the lead here, what does it mean for the crypto market? Will expectations for liquidity be dampened? Or is this just an isolated case that won’t change the mainstream direction of continued easing by other central banks?

Honestly, when everyone is betting that "there will be more and more money," it’s worth thinking about when one suddenly goes in the opposite direction. What do you think? 👇