The way forward for inflation and investing in precious metals

Recently, two key developments in the fight against inflation happened almost simultaneously. First, Statistics Canada announced that Canada’s annual inflation rate in August was at the Bank of Canada’s 2.0% target. Second, the US Federal Reserve lowered the target range for the federal funds rate for the first time in over four years.

So, if inflation is moving in the right direction, what could this mean for your investment portfolio?

In the October issue of Market Spotlight, CIBC Asset Management investment professionals discuss what lowering inflation means for equity and fixed income investors as well as why your investment portfolio may need a silver lining. While inflation may be starting to cool, the demand and price of silver as a precious metal appears to be heating up.