she is chief economist of robertson stephens.ck with her inflation fight for central banks and bring in elbow or morning calls. canada was forced in to hike. annabelle: that is exactly how it is being interpreted by traders and investors and economists, essentially, this is the bank of canada overnight lending rate and you can see we are at 5%. the hike overnight was 25 basis points added followed a period of a hold, the back of canada elected to keep rates steady over the course of five months and only restarted back in june with hiking again. exactly what prompted that is the concern a lot of central banks are having that information is just too sticky and isn't coming down fast enough. he asked about the presser, what exactly economists, investors and traders are expecting. the prevailing thesis is that this was a hawkish hold that can -- hawkish hike from the bank of canada overnight. the expectation priced in is that we will see another hike in the upcoming meeting in september, 75% chance being priced in by markets. ing is