加拿大央行降息75基點至1.50% - 理財

連結 http://www.bank-banque-canada.ca/en/fixed-dates/2008/rate_091208.html

Bank of Canada lowers overnight rate target by 3/4 percentage point
to 1 1/2 per cent

OTTAWA – The Bank of Canada today announced that it is lowering its target
for the overnight rate by three-quarters of a percentage point to 1 1/2 per
cent. The operating band for the overnight rate is correspondingly lowered,
and the Bank Rate is now 1 3/4 per cent.

The outlook for the world economy has deteriorated significantly and the
global recession will be broader and deeper than previously anticipated.
Global financial markets remain severely strained. Measures taken by major
governments are beginning to encourage credit flows, although it will take
some time before conditions in financial markets normalize. In addition, a
series of recently announced monetary and fiscal policy actions will also
support global economic growth.

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 recent declines in terms of trade, real income
growth, and confidence are prompting more cautious behaviour by households
and businesses.

All of these factors imply a lower profile for core inflation than had been
projected at the time of the last Monetary Policy Report in October.

Several factors are helping to counterbalance the negative drag from the
global economic and financial developments. The depreciation of the Canadian
dollar will continue to provide an important offset to the effects of weaker
global demand and lower commodity prices. As well, money markets and overall
credit conditions in Canada are responding to significant and ongoing efforts
to provide liquidity to the Canadian financial system.

In light of the weakening outlook for growth and inflation, the Bank of
Canada lowered its policy interest rate by a total of 75 basis points in
October and by an additional 75 basis points today. These monetary policy
actions provide timely and significant support to the Canadian economy.

The Bank will continue to monitor carefully economic and financial
developments in judging to what extent further monetary stimulus will be
required to achieve the 2 per cent inflation target over the medium term.

Information note:

The Bank of Canada's next scheduled date for announcing the overnight rate
target is 20 January 2009.

A full update of the Bank's outlook for the economy and inflation, including
risks to the projection, will be published in the Monetary Policy Report
Update on 22 January 2009.
-----------------------------------------

CAD 版上討論的不多, 不過還是給大家做一下參考用^^

預期降50點
結果是降75點


--