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TRAINOR SPOONER Advisory Group

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Tower of Canadian parliament building.

With the threat of tariffs looming, is this the end of quantitative tightening?

CIBC Private Wealth

January 29, 2025

The Bank of Canada (BoC) announced a 25 basis points (bps) rate cut today, bringing the target for the overnight rate to 3.00%.

Read more Read more about With the threat of tariffs looming, is this the end of quantitative tightening?
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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.