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Bank of Canada Governor Michael McCollum has cancelled a speech scheduled for February 6 at a bank conference in Mexico.
On January 29, the first interest rate decision in 2025, the Bank of Canada cut interest rates by 25BP to 3.00%, in line with market expectations, for the sixth consecutive meeting of interest rate cuts, the previous two meetings have cut interest rates by 50BP.
On January 24th, the Bank of Japan raised interest rates to 0.5% on Friday, in line with market consensus expectations, reflecting the bank's growing optimism that wages will continue to rise and inflation will continue to stay near its 2% target. The BoJ's rate hike is the third in less than a year and takes the policy rate to its highest level since 2008. The committee voted 8:1 to raise interest rates. Commissioner Toshiaki Nakamura opposed the decision to raise interest rates. Reports earlie...
According to Binance's announcement, Animecoin (ANIME) was originally scheduled to start trading at 22:00 (Beijing time) on January 23, 2025, but has now been postponed to 23:00 (Beijing time).
Israeli Prime Minister Benjamin Netanyahu: The Gaza ceasefire, originally scheduled to begin at 6:30 GMT (14:30 PM Beijing time), will not begin unless Hamas provides a list of hostages to be released.
The Federal Reserve has announced details of its upcoming framework review, including a meeting scheduled for May 15-16, 2025. The Fed said the framework review will not include a 2 percent inflation target and will focus on a strategic statement and communication tools. The review will include holding public "Fed Listening" events across the country, with debate among policymakers to begin at the January meeting.
On November 20th, following the sharp decline in the loan market quotation rate (LPR) in October, the two-term variety in November "stayed put" as scheduled. The analysis believes that, in view of the current LPR pricing basis remains stable, the bank interest rate is under pressure and there is no downward pressure, and this month's quotation is stable in line with expectations; looking ahead, due to the previous series of policy effects are still emerging, there is no urgent downward pressure ...
The Federal Reserve cut interest rates "as scheduled", and Trump's election "seems" to have not affected the Federal Reserve. Will there be any variables in the future rate cut process? A picture to understand the Federal Reserve's interest rate decision in November > >
Sources: OPEC + has agreed to delay its planned production increase in December by a month.