first ever cryptocurrency- Top Top stories

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.Google CEO is expected to meet with US President-elect Trump on December 13th, local time.WTI January crude oil futures closed down 0.27 USD, or 0.38% to 70.02 USD/barrel. Nymex January natural gas futures closed up 2.28% at $3.4550 per million british thermal unit.

The EUR/USD of the euro against the US dollar rose by 0.50% in the day and is now reported at 1.0518.The U.S. Senate has obtained enough votes to confirm Biden's nominee, Marzano, as a member of the Nuclear Regulatory Commission.Texas will generate about 150 GW of electricity annually by 2003.

USGS: An earthquake of magnitude 5.1 occurred in Izu Islands, Japan.Market news: South Korea's ruling party will hold a meeting on Saturday to decide whether to impeach the president.French Hill will lead the Financial Services Committee of the US House of Representatives, and Punchbowl reporter posted on social media X that Congressman French Hill will become the new chairman of the Financial Services Committee of the House of Representatives.