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Federal Reserve lowers its benchmark interest rate by 0.25 percentage points in third straight cut [CBS News]
Canadian Imperial Bank of Commerce (CM)
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Source: CBS News
Last canadian imperial bank of commerce earnings: 2/26 05:53 am
Check Earnings Report
US:NYSE Investor Relations: cibc.com/en/about-cibc/investor-relations.html
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The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, down from its prior range of 3.75% to 4%. T
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