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Interest rate chart

CIBC’s chief investment officer discusses bonds, equities and currencies

Federal Reserve building

The unemployment rate has scarcely budged since the Fed began a series of 11 rate hikes

Federal Reserve

Reiterates the central bank's determination to keep its benchmark rate elevated until inflation falls to 2% target

Businessmen on stone cubes jumping towards higher ones

Any impact of higher borrowing costs is subtle, as many factors can determine the value of a practice

Planning, risk and strategy in business, businessman gambling placing wooden block on a tower

The last few hikes are more art than science, CIBC's chief economist says

Europe flag and money

Core inflation calls revised higher, amid growth, wage pressures

Interest rate dice

June's decline in inflation was praised by governor Tiff Macklem, but he's also warned the central bank is ready to raise interest rates further. Why?

Airplane in the sky and cloud at sunrise

Economists have been downgrading their probabilities of a U.S. recession

senior client debt empty wallet

Personal borrowing surges but credit cards slow

  • By: Staff
  • July 20, 2023 July 20, 2023
  • 13:50
Investment bubble causing financial crisis, overvalued stock market or money inflation concept, businessman investor pumping air into big floating balloon with US Dollar money sign ready to burst.

A Fitch report shows steep increases in sovereign debt costs worldwide

  • By: Staff
  • July 20, 2023 July 20, 2023
  • 13:41