Avery Shenfeld

Avery Shenfeld is Managing Director and Chief Economist at CIBC, having been with the firm since 1993. He holds a Ph.D. in economics from Harvard University. One of the country’s most sought after commentators, he has consistently ranked as one of the top economists in a survey of Canadian institutional equity investors, and has received multiple awards for forecast accuracy in Canada and the US.

Economy

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Canada Likely to See Rate Cuts Before U.S.

CIBC's chief economist sees the Bank of Canada easing its policy in Q2 2024.

By Avery Shenfeld |November 21, 2023

7 min read

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Economy

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BoC Enters “Tricky” Stage as Inflation May Rise Again

The last few hikes are more art than science, CIBC's chief economist says.

By Avery Shenfeld |August 8, 2023

6 min read

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Economy

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A Soft Landing May Still Be in Sight

CIBC's chief economist says it could be a "wobbly" first half of the year for equity markets.

By Avery Shenfeld |March 13, 2023

7 min read

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Economy

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Don’t Expect a Smooth Path for Inflation

CIBC's chief economist says a longer period of negligible growth may be necessary.

By Avery Shenfeld |October 19, 2022

4 min read

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Economy

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Are We There Yet?

What central banks need to see before pausing.

By Avery Shenfeld |October 7, 2022

3 min read

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Economy

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How Bad Would a Recession Next Year Be?

Some interest-sensitive sectors have already seen a decline.

By Avery Shenfeld |September 2, 2022

3 min read

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Economy

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Can Central Banks Curb Inflation Without Causing a Recession?

CIBC's chief economist says we’re "not out of the woods yet."

By Avery Shenfeld |August 23, 2022

3 min read

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Economy

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Outlook Less ‘Rosy’ Than Some Predict

CIBC's chief economist says it's important to keep some downside protection.

By Avery Shenfeld |March 9, 2022

3 min read

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Economy

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Tackling Inflation Without Killing Growth

CIBC's chief economist talks inflation ahead of BoC decision.

By Avery Shenfeld |February 28, 2022

4 min read

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