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It is reported that the European Central Bank is considering cutting interest rates by 25 basis points in the next two meetings. According to informed sources, as the inflation rate stabilizes at the target of 2% and economic growth is sluggish, ECB officials plan to cut interest rates by another 25 basis points in January, and there may be another one in March. People familiar with the matter said that as long as the economic development meets current expectations, gradually reducing the borrowing cost is the most appropriate path. They believe that cutting interest rates by 50 basis points at a time in an emergency is still an option, but this move may convey an unexpected sense of urgency. According to people familiar with the matter, officials have not yet made any decision, and every meeting will be evaluated based on all available information, even after March. They stressed that once the situation becomes clearer after Trump takes office in January, the policy inclination of the central bank may change.The Canadian dollar fell to 1.4210, the lowest since April 2020.Market News: Trump's assistant asked Trump if it was possible to abolish the Federal Deposit Insurance Corporation (FDIC).

The U.S. Senate has obtained enough votes to confirm Biden's nominee, Marzano, as a member of the Nuclear Regulatory Commission.Google CEO is expected to meet with US President-elect Trump on December 13th, local time.Boeing: The 787 Dreamliner project plans to increase production to 10 aircraft per month by 2026.

USGS: An earthquake of magnitude 5.1 occurred in Izu Islands, Japan.Sixteen people have been sentenced for the anti-corruption storm in football. Since Li Tie, the former head coach of China Men's Football Team, was investigated in November 2022, a new round of anti-corruption storm has blown up in China football. The storm has become more and more fierce, involving not only players gambling and bribery at the top of the club, but also corrupt elements at the top of the Football Association and even the General Administration of Sports. Today, Li Tie's case and Du Zhaocai's case, the former vice chairman of the Chinese Football Association, were pronounced in the first instance. Up to now, 16 people have been sentenced in China football (Beijing Daily)Kirby, spokesman of the National Security Council of the United States, announced a new plan for weapons assistance to Ukraine.