加央行又降息0.75%,利息至50年最低

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Bank of Canada chops borrowing costs to 50-year low
! t+ H: I4 a6 Q  W, q$ \3 PLast Updated: Tuesday, December 9, 2008 | 9:28 AM ET Comments80Recommend83
2 x- y$ l( t9 t% \! c1 k* G. dCBC News

" U$ G3 [) m% ^The 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.

, f: Z. x3 f9 n3 ]" Q# g"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.

2 K1 H2 D+ T1 O9 n% z: \"The recent declines in terms of trade, real income growth, and confidence are prompting more cautious behaviour by households and businesses."
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3 H/ p9 s" ]  r- `/ }Economists had been divided over whether the central bank would cut by one-half of a percentage point or go with a more aggressive reduction.

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.