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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.Spot gold stood at $2,710 per ounce, up 0.63% in the day.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)

Hershey's share price fell by about 4%.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."Fitch: The progress of inflation decline seems to have ended. Brian Coulton, chief economist of Fitch, said that the decline of core commodity prices (the main force of inflation decline this year) seems to have ended. With the increase of automobile prices, the core commodity prices rose by 0.3% month-on-month. Service inflation is declining, but the rate of decline is very slow, because rent inflation is stubborn, and the service inflation is 4.6%, which is still far higher than the pre-epidemic level.

Broadcom's share price rose 4.3% before the market closed.Bank of Canada Governor Mackler M: Future decisions will be guided by future data and inflation prospects.Russian President Vladimir Putin: Russia must become the leader of artificial intelligence technology in the world.