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The Bank of Canada cut interest rates sharply by 50 basis points, suggesting that the pace of monetary easing may be slowed down. The Bank of Canada cut interest rates sharply for the second time in a row, and suggested that policy makers are prepared to slow down the pace of monetary easing. Central bank officials, led by Tiff Macklem, the governor, cut the benchmark overnight rate by 50 basis points to 3.25% on Wednesday, which is at the high end of the neutral interest rate forecast range. However, they also hinted that after several sharp interest rate cuts, it may return to a slow pace in 2025. The latest statement removed the statement that "the borrowing cost is expected to be further reduced" in previous statements.Market information: EU member states agreed to impose the 15th round of sanctions on Russia, and the US crude oil futures price rose by more than USD 1/barrel.Damascus, the capital of Syria, lifted the curfew, and the "Syrian Sham Liberation Army" announced the lifting of the curfew in Damascus on the 11th, and called on the Syrian people to return to work. The political situation in Syria changed dramatically on the 8th. On the same day, the "Syrian Sharm Liberation Armed Forces" announced "the liberation of Damascus and the overthrow of the Assad regime" and curfew measures. The Syrian transitional government, with Mohamed Bashir as caretaker prime minister, officially took over power on the 10th. (Xinhua News Agency)

Putin: Russia is ready to provide artificial intelligence assistance to countries in the south of the world. Russian President Putin: Artificial intelligence technology should strengthen Russia's national defense capabilities. Russia is ready to provide artificial intelligence assistance to countries in the south of the world. Russia, BRICS countries and other countries have established artificial intelligence alliances to promote artificial intelligence cooperation.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 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.

Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.CEO of ExxonMobil: Our next generation graphite will shorten the charging time and increase the cruising range of electric vehicles by 30%.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.