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Trump accepts Biden's invitation to meet at the White House to discuss the transfer of power

on November 6th local time, the campaign team of Republican presidential candidate Trump, who had previously announced his victory in the 2024 US presidential election, stated that Trump has accepted the invitation of current President Biden to meet at the White House to discuss the transfer of presidential power. The specific date of the meeting has not been announced yet, but a spokesperson for Trump's campaign team said the meeting will be held "soon" and that Trump "greatly appreciates" the congratulatory phone call from Biden on the 6th.

Trump campaign team: Trump recognizes Harris' strength and professionalism, and the two agree on the importance of national unity

on November 6th local time, the Trump campaign team issued a statement stating that earlier that day, Trump had a conversation with Harris, who congratulated Trump on his historic victory. Trump acknowledged Harris's strength, professionalism, and resilience throughout the entire campaign, and the two leaders reached a consensus on the importance of national unity.

The White House: Harris will deliver a speech at Howard University at 5 a.m. Beijing time on Thursday

the White House has stated that US Vice President Harris will deliver a speech at Howard University at 4pm Eastern Time (5am Thursday Beijing Time).

JPMorgan renames its blockchain platform to Kinexys

JPMorgan announced the renaming of its blockchain platform Onyx to Kinexys and added on-chain forex settlement functions for the US dollar and euro. As an early leader in applying blockchain technology to traditional financial activities, the banking giant has executed over $1.5 trillion in transactions since its inception. In addition, JPM Coin has been renamed Kinexys Digital Payments.

U.S. Senate Minority Leader McConnell: It is certain that we will become the majority party

US Senate Minority Leader McConnell stated that based on the current situation, although we have not received all election results yet, we can already determine that we will become the majority party in the Senate.

JPMorgan Chase predicts that the Federal Reserve will cut interest rates once a quarter from March in 2025

JPMorgan has changed its 2025 Fed rate forecast to a quarterly rate cut starting in March.

ECB Vice President Guindos: If Trump implements tariff plan, inflation will face huge impact

Luis de Guindos, Vice President of the European Central Bank, stated that if Trump implements the import tariff levels he threatened during his election campaign, it could have a devastating impact on global economic growth and inflation. Guindos made the statement at an event in London on Wednesday, saying that economic output would weaken, price pressures would increase, and existing trade flows would be disrupted. The European Central Bank will incorporate any policies announced by the new US government into its outlook and then decide how to respond. Guindos stated that decision makers will continue to be guided by data and will closely monitor bank lending surveys to determine whether the financing environment is stimulative or restrictive. He also stated that the forecasts scheduled to be released next month will not differ significantly from those in September.

Scotiabank: Businesses and markets have reason to be cautious about Trump 2.0

Derek Holt, an economist at Canada's Bank of Nova Scotia, said that after the US election, businesses and markets have reason to be very cautious about the future. The surge in protectionism is almost certain to overshadow the global economic outlook and become a negative factor for US and global economic growth. "Implementing fiscal stimulus for the US economy with excess demand will once again trigger inflation risks and yield increases, and the mixed effects of tax cuts and spending cuts are uncertain, but the former may outweigh the latter and further increase the US fiscal deficit," Holt also believes that negative demographic impacts, negative investment impacts from less investment in clean energy, and supply chain risks will all bring risks.

Agency: Trump will not do what voters want in reducing inflation

Nigel Green, CEO of deVere Group, said that part of the reason Trump won the election was due to Americans' dissatisfaction with inflation, but he may not be able to cool down prices as voters expect. Trump's promise to impose tariffs on imported goods may have the opposite effect, as importers may pass on the additional costs to consumers. Green said, "Although the goal is to protect American businesses, the reality is that these tariffs may exacerbate the inflationary pressures that Trump promised to alleviate."

Trump projected to win 2024 US Presidential Election, world leaders congratulate him

Donald Trump is projected to win the 2024 US Presidential Election, with Vice President Kamala Harris expected to concede in a speech at Howard University. The stock markets have responded positively to the news, with the S&P 500, NASDAQ, and DOW all rising. The Kremlin has released a statement expressing their belief that any ruling political party in the US is "anti-Russian" and that they are under "no illusions" about a Trump victory. Seven states have approved measures to protect abortion rights. However, The Associated Press has not yet formally called the race due to outstanding votes in Wayne County, Michigan and Milwaukee County, Wisconsin.