Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.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.
Bank of Canada: Other federal and provincial policies will affect the dynamics of demand and inflation; The central bank will pay attention to potential trends. The decline in the level of immigration shows that the GDP growth in 2025 will be lower than the forecast of the central bank in October; Its impact on inflation will be more moderate.Schneider, former CEO of Nestle, was nominated to join the supervisory board of Siemens.Russia said it was attacked by six ATACMS missiles today, and said it would respond to today's ATACMS missile attack.
U.S. Department of Justice: An insider of Dominion Bank was arrested for assisting in money laundering.Ukrainian President Zelensky: (On the conversation between Russian President Vladimir Putin and Hungarian Prime Minister Orban) You should not talk about the situation in Ukraine without Ukraine.The yield of Italian 10-year government bonds fell to the lowest level since mid-August 2022, at 3.162%.