Jin10 Summary: Fed Holds Rates Steady, Bank of Canada Raises Rates
Jin10 Data reports show that the Federal Reserve kept interest rates unchanged in October, with two officials supporting a 25 basis point rate hike, while the Bank of Canada delivered its first rate increase in over three years. Domestically, 800 billion yuan in new policy-based financial tools have been deployed. Microsoft Azure revenue grew by 48%, and Google's results fell short of expectations.