According to the data of the Federal Reserve Bank of new york, the guaranteed overnight financing rate (SOFR) was 4.63% on the last trading day (December 9), compared with 4.60% on the previous day. The effective federal funds rate on the last trading day was 4.58%, compared with 4.58% the day before.European Central Bank: Foreign exchange reserves increased by 500 million euros to 327.4 billion euros.Chief Financial Officer of Citigroup: The bank's systems and technologies have never been fully integrated.
Bitcoin hit $98,000, regaining all the decline in the day, and once fell 4.5% this morning.Reuters survey: 93 out of 103 economists believe that the Federal Reserve will cut the federal funds rate by 25 basis points to 4.25%-4.50% on December 18th.Citigroup: India, Brazil, Mexico and Japan show good prospects in 2025.
Michael Del Pozzo, president of Hershey's American candy business, will leave his post and return to his old club Pepsi. On December 10th, local time, American chocolate manufacturer Hershey (NYSE: HSY) announced that Michael Del Pozzo, president of American candy business, will leave his post on December 12th, 2024. Michele Buck, President and CEO of Hershey, will take the leading position in the candy business in the United States, and the company will look for successors from internal and external candidates. Del Pozzo will return to PepsiCo and take up a new leadership position.Russian President Vladimir Putin: A sufficient number of Hazelnut missiles will effectively reduce the necessity of using nuclear weapons.Ukraine National Natural Gas Transportation Company: On December 11th, the nominated amount of Russian natural gas at Sudzha border crossing was 42.39 million cubic meters, while on December 10th, it was 42.34 million cubic meters.