加央行又降息0.75%,利息至50年最低

Ironman

Bank of Canada chops borrowing costs to 50-year low
& u: Y* Y7 p! J1 M3 |. a/ J$ |Last Updated: Tuesday, December 9, 2008 | 9:28 AM ET Comments80Recommend83
CBC News
) i5 L% @" f- a
2 e! T9 K0 I3 {; mThe 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.
0 M  H2 c, E9 S4 N& c
. X0 j6 u0 I9 `5 t/ A' S* ]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.

"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.
1 a2 Y  [% e" d# m5 ~
7 \8 A3 @; r( s3 k1 K9 L"The recent declines in terms of trade, real income growth, and confidence are prompting more cautious behaviour by households and businesses."

0 ?- o5 Q+ u1 F2 R+ H1 z$ ~2 U: X. GEconomists had been divided over whether the central bank would cut by one-half of a percentage point or go with a more aggressive reduction.

" m0 b" o, W/ G" AIn 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.