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-0.000406173842404613 -0.000406173842404613 0.000406173842404613 -0.00142160844841593 -0.00253858651502843 -0.00467099918765225 -0.00568643379366371 -0.00619415109666937
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Bank of Canada Seeks More Disinflation Proof as It Mulls Cuts [Financial Post (Toronto, Ontario, Canada)]

Canadian Imperial Bank of Commerce (CM) 
Last canadian imperial bank of commerce earnings: 2/26 05:53 am Check Earnings Report
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — The Bank of Canada held its policy rate steady for a sixth consecutive meeting as officials signaled they're getting closer to rate cuts but need more evidence of slowing inflation. Policymakers led by Governor Tiff Macklem left the benchmark overnight rate unchanged at 5% on Wednesday. The hold was expected by markets and by economists in a Bloomberg survey. Article content Article content “We are seeing what we need to see, but we need to see it for longer to be confident that progress toward price stability will be sustained,” Macklem said in the prepared text of his opening statement. The Canadian dollar held losses after the release, trading near the session low of C$1.3678 per US dollar reached after data earlier Wednesday showed a measure of underlying US inflation topped forecasts for a third straight month. The yield on benchmark Cana Show less Read more
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