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2024-12-13 04:57:28

If the Bank of Canada cuts interest rates by 50bp as expected, it is expected that the pace of interest rate cuts will slow down. The Bank of Canada cut interest rates sharply for the second time in a row this month, and hinted that policymakers are prepared to slow down the pace of monetary easing. The bank cut interest rates by 50 basis points to 3.25%, bringing borrowing costs to the upper part of their expected range of neutral interest rates. However, they also hinted that after the sharp interest rate cut expected by the market and most economists, there may be a smaller interest rate cut again in 2025. Officials dropped their previous statement that they expected to further reduce borrowing costs. "With the policy interest rate greatly reduced, we expect that if the economic development is generally in line with expectations, monetary policy will adopt a more gradual approach," Bank of Canada Governor Mackler said in a prepared speech. "Looking ahead, we will evaluate the necessity of further reducing the policy interest rate one by one."Duoduo (DUO.P) fell by 8.1%, and it is planned to raise $7 million through additional issuance.Putin: Russia is ready to provide artificial intelligence assistance to countries in the south of the world. Russian President Putin: Artificial intelligence technology should strengthen Russia's national defense capabilities. Russia is ready to provide artificial intelligence assistance to countries in the south of the world. Russia, BRICS countries and other countries have established artificial intelligence alliances to promote artificial intelligence cooperation.


Toronto stock index GSPTSE rose 0.21% to 25,558.81.U.S. Department of Justice: An insider of Dominion Bank was arrested for assisting in money laundering.Bitcoin exceeded $99,000/piece, up 2.49% in the day.


The Haitian government announced that the Port-au-Prince airport would resume the use of commercial flights. On December 10th, local time, Haitian Prime Minister Alex Fils Aimee announced that the Toussaint Louverture International Airport in Port-au-Prince would resume its normal use from now on to fly commercial flights. However, due to the ban on take-off flights issued by the US aviation regulator, there is still no news about when the first flights will resume. (CCTV News)Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.Toronto stock index GSPTSE rose 0.21% to 25,558.81.

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