Quick Overview

• The Fed cut the fed funds rate 0.75% to 3.50%.
  

• The White House said Bush isn't ruling out a larger economic stimulus package than the $150 billion already proposed.
  

• B of A profit drops 95%.
  

• The International Copper Study Group said in the first ten months of 2007, world copper consumption outpaced production by 220,000 tons
  

• Canada reduced its key interest rate by a 0.25%, to 4.00%.

• Retail sales in Canada rose 0.7% in November
  

• Japan left its key its interest rate unchanged at 0.50%
  

• China recorded double-digit growth in trade with all its major trading partners including the EU, US, Japan, ASEAN and South Korea in 2007, Xinhua reported.