Inflation data released the Fed's interest rate cut in December, but it lit up a yellow light for next year. The latest inflation data may make the Fed more cautious about the pace of interest rate cut, but not now. The latest report shows that inflation in the United States in November was in line with expectations, so investors still generally expect the Federal Reserve to cut interest rates by 25 basis points next week. However, stubborn price pressure also confirms the concern that the progress towards the Fed's 2% target may stagnate. This concern may prompt officials to be more restrained in predicting the number of interest rate cuts in 2025, while waiting for more evidence that inflation will steadily reach the target. Fed policymakers will release new forecasts and interest rate outlook at the end of the policy meeting in Washington on December 17-18. "I think they can safely cut interest rates by 25 basis points in December. The market is ready for this, "said Loretta Mester, former president of Cleveland Federal Reserve Bank. "However, they must reconsider next year, because now it seems that the progress of inflation has really stagnated."Ahmed Salah, leader of Syrian reactionaries: I will try to disband the regime security forces and close the notorious prisons.The German Chancellor formally proposed a vote of confidence to the Parliament, and German Chancellor Angela Scholz formally proposed to the German Bundestag (the lower house of parliament) on the 11th that a vote of confidence will be held on the 16th. There are 733 members in the German Bundestag. In order to gain the trust of the Bundestag, Scholz must get more than 367 votes to remain in power. However, at present, only the parliamentary group of the German Social Democratic Party with 207 members has expressed its support for the Prime Minister. The parliamentary group of the Green Party, the ruling partner with 117 members, is expected to abstain in the vote of confidence, while the largest opposition Christian Democratic Union will not support Scholz. German media generally believe that Scholz will not be able to vote by confidence unless there is an accident. (Xinhua News Agency)
Analyst: The Trump FTC has selected good news for large technology companies. The FTC is about to undergo leadership changes. Wedbush analysts believe that this is a major positive for large technology companies led by Amazon, Meta Platforms and Microsoft. Shares of Amazon and major technology companies rose on Wednesday after President-elect Trump said he would appoint Andrew Ferguson to lead the FTC, replacing Lina Khan, the current FTC chairman. Khan is the main critic of large technology companies. She filed a lawsuit against Meta and Amazon, and also challenged Microsoft to acquire Activision Blizzard for $69 billion, but it was unsuccessful. Ferguson is a Republican and has served as a member of the Federal Trade Commission. "Christmas in science and technology has come early," Wedbush analyst Dan Ives said in a customer report, adding that "at the critical moment of the artificial intelligence arms race, the' sweat suspense' in science and technology has been eliminated. We expect the strong to be stronger, because Mag 7 has started the M&A engine again, and Microsoft, Oracle Bone Inscriptions, Alphabet, Amazon and Tesla will accelerate the transaction to expand their technology moat. "Hang Seng Index futures closed up 0.05% at 20,215 points, with a high water level of 60 points.Imperial Commercial Bank of Canada: cut the preferential loan interest rate in Canada by 50 basis points to 5.45%.
Fitch: Steady reserves, reduced liabilities, and prudent budget management have prepared American state and local governments for 2025.CSI A500ETF ushered in the first dividend-paying product. On December 11th, ICBC Credit Suisse Fund announced that ICBC CSI A500ETF planned to pay dividends and became the first dividend-paying CSI A500ETF. In fact, in the current low-rate background, the dividend mechanism has gradually become a differentiated selling point of popular ETFs. Among the 22 CSI A 500 ETFs in the first batch and the second batch, 4 products have a mandatory dividend mechanism, and the dividend ratio is not less than 60%. The dividend ratio of individual products can reach 80%, and the monthly dividend frequency is set for CSI A 500 ETFs. According to the analysis of public offering, under the guidance and encouragement of policies, the dividend mechanism of A-share listed companies has been continuously improved, and the dividend level has been continuously improved. Leading enterprises in the industry often have stronger willingness to pay dividends because of their stronger profitability and anti-risk ability. ETF products meet the liquidity needs of investors through dividends, which is conducive to improving the investment experience. (Securities Times)FBI Director Wray will resign before Trump takes office, ending his term ahead of schedule. Christopher Wray, director of the US Federal Bureau of Investigation (FBI), announced that he will resign before President-elect Trump takes office (sworn in on January 20, 2025), ending his historic and turbulent term as the head of the highest law enforcement agency in the United States ahead of schedule. Wray said in a statement that he plans to resign at the end of Biden's presidency next month. Trump, who will take office on January 20, made it clear that he will not be allowed to continue as the director of the FBI, although Wray's 10-year term will not end until 2027. Trump posted on Truth Social on November 30th that he planned to nominate loyal ally Kash Patel as the director of the FBI.
Strategy guide
12-13
Strategy guide 12-13
Strategy guide 12-13