‘Ready to begin trimming': What economists say about Bank of Canada's rate hold [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
US:NYSE Investor Relations:
cibc.com/en/about-cibc/investor-relations.html
Company Research
Source: Financial Post
The Bank of Canada kept interest rates at five per cent on Wednesday, its sixth consecutive hold since the last increase in July 2023. Here's what economists are saying about the decision and whether the bank has opened the door to a rate cut at its next meeting on June 5. ‘Why rush?': CIBC Economics Article content The Bank of Canada “appears to be moving only very slowly towards lowering interest rates,” Andrew Grantham, an economist at Canadian Imperial Bank of Commerce, said in a note on the decision. Article content Central bank officials acknowledged that progress in being made on core inflation , but want see more data that reinforces the slowdown is sustainable, Grantham said. The next two inflation reports due out before the bank meets on June 5 hold the “key” to whether the officials decide to cut rates soon, the economist said. “The fairly neutral tone of the statement shouldn't be a big surprise as the bank needed to justify why it didn't start cutting inter
Show less
Read more
Impact Snapshot
Event Time:
CM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CM alerts
High impacting Canadian Imperial Bank of Commerce news events
Weekly update
A roundup of the hottest topics
CM
News
- CIBC announces an amendment to its CARDS II securitization program [Yahoo! Finance]Yahoo! Finance
- CIBC announces an amendment to its CARDS II securitization programPR Newswire
- The pay for Manulife's CEO is head and shoulders above peers [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Most actively traded companies on the Toronto Stock Exchange [Financial Post (Toronto, Ontario, Canada)]Financial Post
- CIBC Innovation Banking Provides Credit Facilities to Q4 Inc.Business Wire
CM
Earnings
- 2/29/24 - Beat
CM
Sec Filings
- 4/29/24 - Form 424B2
- 4/26/24 - Form 424B2
- 4/26/24 - Form FWP
- CM's page on the SEC website