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2024-12-14 10:21:28

Sources: A few ECB policymakers initially hoped to cut interest rates by 50 basis points. Three sources said that several ECB policymakers initially hoped to cut interest rates more sharply on Thursday, and they were worried that the new US tariffs would hinder economic growth. The European Central Bank cut interest rates by 25 basis points on Thursday, and opened the door for more easing policies, as the euro zone economy was dragged down by domestic political instability and the threat of a new round of trade war in the United States. However, due to the low forecast of inflation and economic growth, about five of the 26 members of the official Committee initially advocated a 50 basis point interest rate cut. In particular, they pointed out that if the incoming Trump administration imposes new tariffs on the EU, the growth of economic output next year may be lower than the 1.1% expected by the European Central Bank. A small number of policy makers who called for greater interest rate cuts quickly gave in, adding that given the current uncertainty, people are reluctant to make a hasty decision.Smith, Governor of Alberta, a major Canadian oil town: We don't agree to cut oil and gas exports to the United States.The Dow Jones Industrial Average broke through the 44,000.00 mark, and the latest report was 43,999.94, down 0.34% in the day.


Spot silver fell 3.00% in the day and is now reported at $30.94 per ounce.Fitch Global Shipping predicts that the performance of each sub-industry will grow steadily, but it will be partially offset by the downward trajectory of container shipping in 2025.Smith, Governor of Alberta, a major Canadian oil town: We don't agree to cut oil and gas exports to the United States.


Southeast Asian Stock Market | On Thursday (December 12), the Vietnam Stock Exchange index closed down 0.12% at 1267.35 points. Vietnam Ho Chi Minh Stock Exchange /VN 30 Index closed down 0.07% at 1335.55 points.Freddie Mac: mortgage interest rates dropped for three weeks to 6.60%.Intel executives: Whether to divest OEM business is an open question.

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