virtual money meaning- Top Knowledge

Barclays: M&A and cooperation between banks and financial technology companies will grow.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.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.

The Dow Jones Internet Composite Index reported 1159.70, up 0.85%.Market News: Alexander Brothers, a well-known real estate agent, was arrested by the FBI.Industry ETFs generally rose at the beginning of the US stock market, with semiconductor ETFs rising by 1.2%, regional bank ETFs, banking ETFs and internet stock index ETFs also rising by at least 1%, while medical ETFs fell by more than 0.4%.

Hershey's share price fell by about 4%.Brazilian Congress Leader: Brazilian President Lula is expected to return to Brasilia after surgery next Tuesday or Wednesday.According to statistics, on December 11th, as of press time, four A-share listed companies, including Fuguang, Jingsong Intelligent, China Nuclear Power and Nanmo Bio, disclosed their holdings.