Latest on the Economy – Three things we are watching

How is AI reshaping central bank policies? From near-term inflation pressure driven by investment demand to longer-term productivity gains that could ease prices, CIBC’s Benjamin Tal and Helen Lao unpack what AI could mean for inflation, GDP growth and the policy challenge facing central banks.

CIBC Chief Economist, Avery Shenfeld, joins Helen Lao to examine how Canada’s lagging productivity growth impacts living standards and spending power compared to the US. They discuss why recent slippage in productivity, incomes and financial wealth leaves Canada with a challenge that needs attention.

CIBC Senior Economist, Katherine Judge, hosts a discussion with Chief Economist, Avery Shenfeld, as he compares inflation risks in Canada and the US, assesses the impact of higher oil prices, and discusses what it could all mean for interest rates in 2026 and beyond. This episode was recorded on Monday, May 25, 2026.

Senior Economist, Katherine Judge, hosts a discussion with Chief Economist, Avery Shenfeld, to break down the economic and market implications of the Canadian fiscal update and the latest interest rate announcements from the US Fed and the Bank of Canada, in the context of rising energy prices. This episode was recorded on Wednesday, April 29, 2026.

CIBC Senior Economist, Andrew Grantham, interviews Chief Economist, Avery Shenfeld, to break down the ramifications of the Iran conflict on global oil prices, explore the intersection of energy markets and American politics, and discuss the expected trajectory for inflation and monetary policy in the U.S. and Canada as oil prices seek a new normal.

CIBC’s Senior Economist, Katherine Judge, interviews Chief Economist, Avery Shenfeld about the implications of the US-Israel and Iran war for the North American economy and financial markets. They explore how global markets—especially oil—are reacting to the conflict, what investors are pricing in, and the potential impact on North America’s economy, inflation, and monetary policy. This episode was recorded on Monday, March 2nd, 2026.

CIBC Economists Ali Jaffery and Katherine Judge break down how federal and provincial budgets are shaping growth, based on a new measure of the fiscal impulse in Canada, and how manufacturing in Canada compares with the U.S.