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Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.Broadcom's share price rose 4.3% before the market closed.

Dow opened up 0.2%, S&P 500 rose 0.5%, Nasdaq rose 0.7%, Macy's fell 10.8%, and lowered its profit forecast for fiscal year. Walgreen fell 3.5%, or "sold herself" to private equity firm Sycamore. Broadcom rose 4.4% and cooperated with Apple to develop AI chips. The number of houses fell by 8.1%, and it is planned to raise $7 million through additional issuance.Mackler, Governor of the Bank of Canada: As expected, the high housing inflation continued to ease, and the downward pressure of commodity prices on inflation eased.Navigation warning Military training was conducted in some sea areas of the South China Sea, and the Qinglian Maritime Safety Administration issued a navigation warning. From December 16 to 18, from 18: 00 to 20: 00 every day, military training was conducted in some sea areas of the South China Sea, and entry was prohibited. (Website of China Maritime Safety Administration)

The price of natural gas futures in the United States continued to rise, with an increase of 5%.CFO of Goldman Sachs: As President-elect Trump nominates candidates for government positions, the FTC may take a new direction.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.