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CIBC Private Wealth

January 31, 2024

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It's 2024: Do you know what your tax rate is?

This report will help you understand how your income is taxed and why the “advertised” tax rate isn’t always what you end up paying. Learn more. 

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The US cut rates as the economy continues to expand

Today the US Federal Reserve (Fed) lowered the target range for the federal funds rate by 25 basis points (bps) bringing the new target range to 4.25% to 4.5%.

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CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.


CIBC Private Wealth services are available to qualified individuals. The CIBC logo and “CIBC Private Wealth” are trademarks of CIBC, used under license.