Holzmann, a hawkish official of the European Central Bank: It is not the central bank's responsibility to boost the economy. Robert Holzmann, the ECB's governing board, said that it is wrong to think that the ECB's interest rate cut is simply to boost the economy. "It is not the responsibility of the European Central Bank to boost the economy, but the mission of the central bank is to stabilize prices," he said in an interview on Friday night. It runs counter to our position to boost the economy by cutting interest rates. Holzmann is one of the most hawkish central bankers. According to informed officials, the central bank plans to cut interest rates by another 25 basis points in January, and may do so in March.Fitch: (Talking about American residential builders) It is estimated that the residential inventory will improve slightly in 2025, but it will remain at a low level, and it will vary from region to region.Standard & Poor's: Cyprus is upgraded to A-, and the outlook is stable. The economic and financial situation (in the euro zone) performed well, so the rating was upgraded.
Fitch: (Talking about American residential builders) It is estimated that the residential inventory will improve slightly in 2025, but it will remain at a low level, and it will vary from region to region.Charles schwab fell 4.8% to test the support level since May's high.According to informed sources, Ultramicro Computer is considering issuing additional shares and bonds. Ultramicro computers fell 6% in after-hours trading.
S&P: Mexico may take a pragmatic attitude when negotiating with the United States on bilateral issues.Hang Seng Index futures closed down 0.28% at 19,965 points, with a low water level of 6 points.Standard & Poor's: With the strong economic growth, the tight fiscal system is supporting the rapid reconstruction of Cyprus' fiscal buffer.