19:32:11 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Toronto-Dominion Bank
Symbol TD
Shares Issued 1,774,766,030
Close 2024-02-05 C$ 80.12
Market Cap C$ 142,194,254,324
Recent Sedar Documents

Globe/wire say CIBC, rivals hear BOC rates seen falling

2024-02-06 07:09 ET - In the News

See In the News (C-CM) Canadian Imperial Bank of Commerce (CIBC)

The Globe and Mail reports in its Tuesday, Feb. 6, edition that Canadian market participants expect the Bank of Canada to start lowering its key policy rate from a 22-year high of 5 per cent in April, the same as their previous forecast, according to a survey released by the central bank on Monday. A Reuters dispatch to The Globe reports that the BOC's fourth quarter survey of Canadian market participants, which includes economists and financial strategists, was conducted from Dec. 18 to Dec. 29 -- before official data for December showed an acceleration in inflation. By the end of 2024, the market experts' median forecast is for the policy rate to come down to 4 per cent, the same as their forecast in the previous survey released in November.

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