2024-12-14 05:25:27
Dominion Bank of Toronto: Trust Canada lowered the prime rate by 50 basis points to 5.45%.U.S. Department of Defense: Welcome Syrian opposition leaders' comments on chemical weapons, but will wait for their actions to judge.Coinbase: please note that some users may encounter higher transmission failure rate and delayed reception of BTC, LTC, ZCASH, BCH and DASH than usual.
FBI Director Wray will resign before Trump takes office, ending his term ahead of schedule. Christopher Wray, director of the US Federal Bureau of Investigation (FBI), announced that he will resign before President-elect Trump takes office (sworn in on January 20, 2025), ending his historic and turbulent term as the head of the highest law enforcement agency in the United States ahead of schedule. Wray said in a statement that he plans to resign at the end of Biden's presidency next month. Trump, who will take office on January 20, made it clear that he will not be allowed to continue as the director of the FBI, although Wray's 10-year term will not end until 2027. Trump posted on Truth Social on November 30th that he planned to nominate loyal ally Kash Patel as the director of the FBI.According to informed sources, Stada Arzneimittel AG, a pharmaceutical company focusing on consumer health care, sounded out investors' interest before the German IPO. The company may raise about 1.5 billion euros ($1.6 billion) through an IPO.Brazil's Vale: An agreement was reached with the US Department of Energy to provide $282.9 million in financing for the Louisiana plant until 2031.
Euronext: Due to an accident in the waterway, the delivery point of its February 2025 rapeseed futures (COMG5) contract along the Mosel River will be unavailable until further notice.Erdogan, Turkey: Thanks to the leaders of Somalia and Ethiopia for achieving historical reconciliation.Inflation data released the Fed's interest rate cut in December, but it lit up a yellow light for next year. The latest inflation data may make the Fed more cautious about the pace of interest rate cut, but not now. The latest report shows that inflation in the United States in November was in line with expectations, so investors still generally expect the Federal Reserve to cut interest rates by 25 basis points next week. However, stubborn price pressure also confirms the concern that the progress towards the Fed's 2% target may stagnate. This concern may prompt officials to be more restrained in predicting the number of interest rate cuts in 2025, while waiting for more evidence that inflation will steadily reach the target. Fed policymakers will release new forecasts and interest rate outlook at the end of the policy meeting in Washington on December 17-18. "I think they can safely cut interest rates by 25 basis points in December. The market is ready for this, "said Loretta Mester, former president of Cleveland Federal Reserve Bank. "However, they must reconsider next year, because now it seems that the progress of inflation has really stagnated."
Strategy guide
Strategy guide 12-14