digital currency of the future

The Canadian dollar expanded its gains to an intraday high.If the Bank of Canada cuts interest rates by 50bp as expected, it is expected that the pace of interest rate cuts will slow down. The Bank of Canada cut interest rates sharply for the second time in a row this month, and hinted that policymakers are prepared to slow down the pace of monetary easing. The bank cut interest rates by 50 basis points to 3.25%, bringing borrowing costs to the upper part of their expected range of neutral interest rates. However, they also hinted that after the sharp interest rate cut expected by the market and most economists, there may be a smaller interest rate cut again in 2025. Officials dropped their previous statement that they expected to further reduce borrowing costs. "With the policy interest rate greatly reduced, we expect that if the economic development is generally in line with expectations, monetary policy will adopt a more gradual approach," Bank of Canada Governor Mackler said in a prepared speech. "Looking ahead, we will evaluate the necessity of further reducing the policy interest rate one by one."Kirin Xin 'an launched a new generation of cloud desktop solution supporting Xinchuang PC. On December 11th, at the Second National Conference on the Integration Ecology of New Generation Independent Security Computing System Industry Cluster, Kirin Xin 'an released a new generation of cloud desktop solution supporting Xinchuang PC, which was the first release of domestic PC cloud management based on the international TCI architecture, and was perfectly adapted to the Galaxy Kirin desktop operating system and the Great Wall domestic PC machine, forming an efficient operation and maintenance office solution for Hunan government affairs Xinchuang. (China Securities Network)

Canadian Prime Minister Trudeau: The Bank of Canada's interest rate cut of 50 basis points is a correct step towards reducing the cost of living for Canadians.Spot gold stood at $2,710 per ounce, up 0.63% in the day.Canada's 10-year bond yield recovered its early decline, rising by 1.1 basis points to 3.030%.

The Nasdaq 100 index rose to 1.2%, and the S&P 500 index rose 0.6%.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%.Yizi International's share price rose 3.8% at the opening, while Hershey's share price fell 5%.