decentralized currency snippets

2024-12-13 11:44:40

The Bank of Canada cut interest rates by 50BP for the second consecutive month, and the Bank of Canada lowered its policy interest rate from 3.75% to 3.25%, which was the second consecutive month to cut interest rates by 50 basis points, in line with market expectations, and cut interest rates by 175 basis points during the year.Bank of Canada Governor Mackler M: Future decisions will be guided by future data and inflation prospects.The Nasdaq rose to 1%, while the S&P 500 index rose 0.58% and the Dow rose 0.1%.


Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.The short-term decline of USD/CAD against Canadian dollar further expanded to nearly 70 points, and it is now reported at 1.4138.Market News: The US CPI report in November may suggest that the core PCE index, the inflation indicator favored by the Federal Reserve, may rise slightly to 2.9% in the last two months of 2024.


Russian President Vladimir Putin: Russia must become the leader of artificial intelligence technology in the world.Futures closed at night, domestic main futures contracts rose more and fell less, futures closed at night, domestic main futures contracts rose more and fell less, coke rose 0.77%, coking coal rose 0.43%, iron ore rose 0.25%, rebar rose 0.18% and coil fell 0.03%.The Nasdaq 100 index rose to 1.2%, and the S&P 500 index rose 0.6%.

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