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[加国新闻] 加央行又降息0.75%,利息至50年最低

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发表于 2008-12-9 08:45 | 显示全部楼层 |阅读模式
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Bank of Canada chops borrowing costs to 50-year low
* j* j4 W1 ~/ GLast Updated: Tuesday, December 9, 2008 | 9:28 AM ET Comments80Recommend83" H! \! @& H0 o/ M8 W
CBC News
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0 M; Q3 b2 b. x/ H6 bThe Bank of Canada chopped a key interest rate by three-quarters of a percentage point on Tuesday as the central bank moves to combat economic weakness.
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With the interest rate reduction — which was the biggest drop since one of a similar size in October 2001— the bank's overnight rate now stands at 1.5 per cent, a level not seen since 1958.
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8 I" t5 ~' ~; t( O: {"While Canada's economy evolved largely as expected during the summer and early autumn, it is now entering a recession as a result of the weakness in global economic activity," the bank said.
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: x: D' s8 F, M9 u8 S1 ["The recent declines in terms of trade, real income growth, and confidence are prompting more cautious behaviour by households and businesses."" P+ M+ {  ?+ l7 f7 Y6 d

  l1 i. j2 B: s: ?6 q; wEconomists had been divided over whether the central bank would cut by one-half of a percentage point or go with a more aggressive reduction.
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In the wake of the Bank of Canada's decision, the Canadian dollar was trading down 0.93 of a cent to 78.81 cents US.
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