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.Barclays: M&A and cooperation between banks and financial technology companies will grow.Market information: EU member states agreed to impose the 15th round of sanctions on Russia, and the US crude oil futures price rose by more than USD 1/barrel.
Bank of Canada: Wage growth shows signs of slowing down, but wage growth related to productivity is still at a high level.The Bank of Canada cut interest rates sharply by 50 basis points, suggesting that the pace of monetary easing may be slowed down. The Bank of Canada cut interest rates sharply for the second time in a row, and suggested that policy makers are prepared to slow down the pace of monetary easing. Central bank officials, led by Tiff Macklem, the governor, cut the benchmark overnight rate by 50 basis points to 3.25% on Wednesday, which is at the high end of the neutral interest rate forecast range. However, they also hinted that after several sharp interest rate cuts, it may return to a slow pace in 2025. The latest statement removed the statement that "the borrowing cost is expected to be further reduced" in previous statements.French caretaker government proposed a "special law" to prevent the lockout. French caretaker government spokesman Maud Bregeon said on the 11th that the caretaker cabinet meeting held that day proposed a draft "special law" on the 2025 budget to prevent the government from falling into lockout due to funding problems, and the draft will be submitted to Parliament for deliberation next week. Bregeon said that the meeting of the day was presided over by President Macron, and the draft "special law" was designed to ensure that the government could continue to operate in the event of the temporary absence of the 2025 budget. (Xinhua News Agency)
Bank of Canada: Wage growth shows signs of slowing down, but wage growth related to productivity is still at a high level.The United States conducted a ballistic missile interception test in Guam for the first time. The US Missile Defense Agency issued a statement on the 10th, saying that the United States conducted a ballistic missile interception test in Guam in the western Pacific for the first time, and launched a "Standard -3 Block 2A" missile with Aegis anti-missile system equipped with new radar and vertical launcher, and intercepted an air-launched medium-range ballistic missile near the coast of Anderson Air Force Base in Guam. Experts say that by strengthening its military presence in the western Pacific, the United States is trying to bury the hidden danger of an arms race in the region, which will really affect the people of the whole region. (CCTV International 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.
Strategy guide
Strategy guide
12-13
Strategy guide
12-13