Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.Alaska Airlines Group shares rose 3.35% after at least three brokers raised their P/E ratios.Bank of Canada Governor Mackler M: Future decisions will be guided by future data and inflation prospects.
The Bank of Canada cut interest rates by 50BP for the second consecutive month, and the Bank of Canada lowered its policy interest rate from 3.75% to 3.25%, which was the second consecutive month to cut interest rates by 50 basis points, in line with market expectations, and cut interest rates by 175 basis points during the year.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%.The interest rate swap market predicts that the probability of the Bank of Canada cutting interest rates further in January next year is about 70%.
Bank of America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.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.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.
Strategy guide 12-13
Strategy guide
Strategy guide
Strategy guide 12-13