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Frank Grisdale

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Tower of White House.

The US cut rates as the economy continues to expand

CIBC Private Wealth

December 18, 2024

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%.

Read more Read more about The US cut rates as the economy continues to expand
Overhead view of urban city.

Market Spotlight December 2024

CIBC Private Wealth

December 12, 2024

In the December edition of Market Spotlight, our investment professionals discuss key strategies to help you maximize fixed income returns.

Read more Read more about Market Spotlight December 2024
Tower of Canadian parliament building

Rate cut was expected and is in line with forecasts

CIBC Private Wealth

December 11, 2024

The Bank of Canada (BoC) announced a 50 basis points (bps) rate cut today, bringing the target for the overnight rate to 3.25%.

Read more Read more about Rate cut was expected and is in line with forecasts
 
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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.