Eyes on the Economy

In this insightful discussion, Ali Jaffery, a Senior Economist at CIBC, shares his expertise on the Bank of Canada's monetary policy. He explains how to interpret the current easing cycle and what it means for interest rates. Jaffery dives into the Bank's inflation risks, highlighting the need for rate relief in an economy grappling with excess supply. He also provides an economic outlook for Canada and the U.S., emphasizing the importance of accurate data for forecasting. Tune in for a deep dive into Canada’s economic future!

Benjamin Tal, CIBC’s Deputy Chief Economist, joins Ali Jaffery, Senior Economist to talk through their latest note dissecting the US labor market. Motivated by a desire to preserve margin gains, businesses are adding less labor with job growth trending down and a worrisome pattern of revisions making it difficult to make a real-time read on the job market.

CIBC Chief Economist Avery Shenfeld is joined by Dr. Richard Clarida, Managing Director & Global Economic Advisor, PIMCO, who shares his perspectives on the US outlook, the direction for the Fed, and the implications for markets.

Avery Shenfeld, CIBC's Chief Economist, joins Ali Jaffery, Senior Economist, to discuss the US federal election and the future directions of trade policy under a Trump or Harris presidency, and what this would mean for the US and Canada.

Avery Shenfeld, CIBC's Chief Economist, joins Ali Jaffery, Senior Economist, to discuss the labour dispute in Canada’s rail sector, what commodity prices are telling us about the global economy, and the future direction of monetary policy after Federal Reserve Chair Jerome Powell’s speech at Jackson Hole.

Avery Shenfeld, CIBC’s Chief Economist, joins colleague Andrew Grantham, Senior Economist, to discuss the slowing in the US economy and emerging recession fears, and shares their interest rate forecast changes for both Canada and the US.

CIBC Capital Markets' Senior Economists, Ali Jaffery and Katherine Judge, discuss the outlook for shelter inflation in the US and Canada and why mortgage interest costs may increasingly distort the Bank of Canada’s preferred core measures of inflation. For more information, check out the mentioned In Focus report: https://cibccm.com/en/insights/articles/in-focus-seeking-shelter-from-shelter-inflation/

Avery Shenfeld, CIBC's Chief Economist, joins Ali Jaffery, CIBC's Senior Economist, to discuss why May’s inflation report needn’t deter the Bank of Canada from a rate cut in July, and the implications for bond market investors.

Benjamin Tal, Deputy Chief Economist, CIBC and Katherine Judge, Senior Economist, CIBC discuss how labour market dynamics and inflation risks are impacting Bank of Canada policy.

In this episode of Eyes on the Economy, Katherine Judge chats with Ali Jaffery about potential monetary policy divergence between the Bank of Canada and the Fed, and what it means for Canadian inflation. For more information, check out the mentioned In Focus report here - https://cibccm.com/en/insights/articles/finding-the-limit-how-far-can-the-bank-of-canada-diverge-from-the-fed/