Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. The United States may impose new tariffs on Canadian products exported to the United States, increasing uncertainty and casting a shadow over the economic prospects. Consumer spending and household activities both picked up in the third quarter, indicating that lower interest rates began to boost household spending. The growth in the fourth quarter may be weaker than the 2% annualized level expected by the central bank, and the average inflation rate is expected to be close to 2% in the next few years.The Canadian dollar expanded its gains to an intraday high.Goldman Sachs CFO Coleman: US President-elect Trump announced the chairman of the Federal Trade Commission (FTC). It is expected that this progress will lead to more M&A transactions.
Head of Consumer Investment at Bank of America: It is estimated that consumer spending will increase by 7% this holiday season in the United States.Market news: Russia may use new medium-range ballistic missiles to Ukraine.Damascus, the capital of Syria, lifted the curfew, and the "Syrian Sham Liberation Army" announced the lifting of the curfew in Damascus on the 11th, and called on the Syrian people to return to work. The political situation in Syria changed dramatically on the 8th. On the same day, the "Syrian Sharm Liberation Armed Forces" announced "the liberation of Damascus and the overthrow of the Assad regime" and curfew measures. The Syrian transitional government, with Mohamed Bashir as caretaker prime minister, officially took over power on the 10th. (Xinhua News Agency)
The Canadian dollar expanded its gains to an intraday high.Bank of Canada Governor Mackler M: Future decisions will be guided by future data and inflation prospects.Canadian Prime Minister Trudeau: The Bank of Canada's interest rate cut of 50 basis points is a correct step towards reducing the cost of living for Canadians.