 鲜花( 22)  鸡蛋( 0)
|
Bank of Canada cuts rates 50 bps, may now pause# i) n" q! d* o. H. Q5 G
Reuters
3 H% R! m1 g( x- H4 b, RPublished: 8:49 am
: ~& O( l/ H. l( C) g- @+ ~, P) d( a
加拿大4月央行公布利率决议为3.0%,前值为3.5%.: f4 e" ~+ f2 d& E! g+ e5 E
OTTAWA (Reuters) - The Bank of Canada cut its benchmark interest rate on Tuesday by half a percentage point to 3 percent, as expected, but suggested it might pause a little before cutting rates again.0 f0 V( i- n2 E+ d) x" P- | |, T
% `' T2 y6 q( TIn a statement projecting a steeper U.S. economic downturn that would dampen Canadian growth, the Canadian central bank still forecast additional rate cuts. But it dropped a previous reference that said it would have to lower rates in the "near term."
1 v1 E5 x3 P& y8 W- F$ v0 f
. u/ Z2 D1 y2 O# x) u! V p: p" | r5 E"Given the cumulative reduction in the target for the overnight rate of 150 basis points since December, the timing of any further monetary stimulus will depend on the evolution of the global economy and domestic demand, and their impact on inflation in Canada," it said.$ {0 m |, h( t% x" _, c
+ [* x4 O! W& G; s$ C
It was the second time in a row the bank had cut its overnight target rate by 50 basis points, making this its most aggressive round of rate cuts since the period following the September 11, 2001, attacks.
" c) M. m& |7 O% n& Q/ e0 ]" A& U V0 E, E6 ]/ V/ t) {
The Canadian dollar fell after the announcement, slipping to C$1.0120 to the U.S. dollar, or 98.81 U.S. cents, from C$1.0061, or 99.39 U.S. cents beforehand.
! {* h3 [3 A- s& e3 U u1 S8 V) j3 a% A
The Bank of Canada said its outlook for the U.S. economy has deteriorated since January and this will exert a "significant drag" on Canadian growth in 2008.
4 U. M L( {1 f2 c
- _* u) [7 n) J, W8 ?% q6 @) `"The bank is now projecting a deeper and more protracted slowdown in the U.S. economy," it said.. `+ h$ N. W9 Y
7 F7 X3 T }/ X% v2 V$ QThe U.S. Federal Reserve has cut its benchmark lending rate by 3 percentage points since mid-September to 2.25 percent and Wall Street expects the Fed to cut again at its next scheduled meeting at the end of April./ v5 Z* K5 y; d, }
( Y* n& A0 d: i: D5 D/ Y" ]. gThe Bank of Canada also cut its forecast for 2008 Canadian growth to 1.4 percent from a January forecast of 1.8 percent. It now sees 2009 growth at 2.4 percent, down from 2.8 percent. Growth will recover in 2010 to 3.3 percent, it said.) I q, ~6 v6 T, Z5 r' E/ j( D' E
' j$ [# ]' t8 w( J$ e* p" j# J8 b1 ?
The bank nudged back the time frame for inflation to move back up to its 2 percent target to 2010 from end-2009 and for the economy to move back into balance to mid-2010 from early 2010. It said the economy was operating above capacity now but would move into excess supply in the second quarter of 2008.' A% e0 l" c; |- Y7 b. l& U3 r
# G3 p, T- C' B4 VIt said tighter credit conditions and weakening confidence will likely weaken business investment and consumer spending. But high commodity prices, a vibrant labor market and the effect of cumulative interest rate cuts should keep domestic demand strong.! y! g5 V, d, K/ y# g% d+ C
! d0 I+ b% P/ z' Y$ u(Reporting by Louise Egan; editing by Janet Guttsman)
" u# w, o7 G4 c. C' N: x8 d% H. }/ U5 S2 E: V/ c. }2 _
[ 本帖最后由 陕西闺女 于 2008-4-22 09:14 编辑 ] |
|