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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 America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.Bank of Canada: Wage growth shows signs of slowing down, but wage growth related to productivity is still at a high level.

Schneider, former CEO of Nestle, was nominated to join the supervisory board of Siemens.Schneider, former CEO of Nestle, was nominated to join the supervisory board of Siemens.Apple iPhone SE 4 is reported to be released with its own modem around March next year. Apple iPhone SE 4 is reported to be officially released around March next year, and the new machine may bring a major upgrade to SE series. The new machine will adopt Liu Haiping design, introduce Face ID and cancel the Home button with Touch ID, but there is no smart island function. According to gourmain, Apple has designed a new modem code-named Sinope, which is seamlessly integrated with other components of its own. This design not only saves space, but also reduces power consumption. Compared with the Qualcomm modem currently used by Apple, Sinope still has a big gap, and the performance of related chips is inferior to that of Qualcomm. For example, Sinope only supports the Sub-6 GHz 5G band, but does not support millimeter mmWave. Although the performance of related modems is not as good as that of Qualcomm, gourmain thinks that the biggest advantage of Apple's self-developed scheme is to reduce its dependence on Qualcomm, thus saving licensing fees.

Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. The United States may impose new tariffs on Canadian products exported to the United States, increasing uncertainty and casting a shadow over the economic prospects. Consumer spending and household activities both picked up in the third quarter, indicating that lower interest rates began to boost household spending. The growth in the fourth quarter may be weaker than the 2% annualized level expected by the central bank, and the average inflation rate is expected to be close to 2% in the next few years.Toronto stock index GSPTSE rose 0.21% to 25,558.81.Canadian Prime Minister Trudeau: The Bank of Canada's interest rate cut of 50 basis points is a correct step towards reducing the cost of living for Canadians.