MarketFirst SquawkWed 28 Oct, 18:49:18

CIBC raises Canadian prime lending rate to 4.70%

Summary

Written by Decryptr from the source

CIBC says it will increase Canada’s prime lending rate to 4.70%, effective Oct. 29, 2026. The move is a macro rate update that can affect crypto risk appetite.

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First Squawk, 3 hr ago.

Not financial advice. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.