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Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.CEO of Bank of America: The prospect is "stable and positive".The power company said that Nigeria suffered a nationwide power outage due to power grid failure.

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 presidents of Russia and Uzbekistan talked on the phone to discuss the regional situation. According to the news released by the Kremlin in Russia on December 11th, Russian President Vladimir Putin talked with Uzbek President Mirziyoev, and the two sides exchanged views on the Ukrainian issue, the situation in Syria and bilateral relations between the two countries. (CCTV News)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.

Mackler, Governor of the Bank of Canada: The current policy focus is to keep inflation close to the target. Mackler, Governor of the Bank of Canada: Due to the sales tax holiday, the overall rate is expected to slow down to 1.5% in January. We will focus on core inflation indicators to help us evaluate CPI trends. It is expected that the inflation rate will drop at the end of the sales tax holiday. The current policy focus is to keep inflation close to the target. We hope to see economic growth accelerate to absorb unused capacity in the economy and keep the inflation rate at around 2%.COMEX silver futures rose 1.0% in the day to $33.09 per ounce.Spot gold stood at $2,710 per ounce, up 0.63% in the day.