Saturday, October 25, 2008

11 the world's collective central bank to cut interest rates to contain a financial crisis

8oct, the Federal Reserve, European Central Bank to carry out joint around the world an unprecedented coordinated emergency rate cuts in order to contain the financial crisis on the economy.
Announced that the Federal Reserve to cut interest rates by 50 basis points to 1.5 percent. Announced that the European Central Bank to cut interest rates by 50 basis points to 3.5 percent. Bank of England announced that interest rate cuts by 50 basis points to 4.5 percent. Canada announced that the central bank to cut interest rates by 50 basis points to 2.5 percent. Sweden announced that the central bank to cut interest rates by 50 basis points to 4.25 percent.
Switzerland announced that the central bank to cut interest rates by 25 basis points to 2.5 percent.
UAE central bank announced that it would cut borrowing rates 150 basis points to 1.5 percent. China's central bank announced the decision down the RMB deposit-taking financial institutions to deposit reserve ratio by 0.5 percentage points; down one-year yuan loans to keep the benchmark interest rate 0.27 percentage points each.
8 am, the Hong Kong Monetary Authority announced that it would cut the benchmark interest rate 100 basis points.
7oct, the night of the Australian central bank sharply cut interest rates at 1 per cent, the highest since 1992, the rate of interest rate cuts; Israel has suddenly announced yesterday the central bank to cut interest rates sharply and a half per cent to 3.75 per cent, the 12th of this month will take effect.
Bank of Korea held here on the 9th Monetary Policy Committee meeting decided that the benchmark interest rate 0.25 percentage points.
10月8日,美联储、欧洲央行联合世界各国央行进行史无前例紧急协同减息,以遏制金融危机对经济的影响。
  美联储宣布减息50个基点,至1.5%。
  欧洲央行宣布减息50个基点,至3.5%。
  英国央行宣布减息50个基点,至4.5%。
  加拿大央行宣布减息50个基点,至2.5%。
  瑞典央行宣布减息50个基点,至4.25%。
瑞士央行宣布减息25个基点,至2.5%。
  阿联酋央行宣布将借款利率下调150个基点,至1.5%。
  中国央行决宣布下调存款类金融机构人民币存款准备金率0.5个百分点;下调一年期人民币存贷款基准利率各0.27个百分点。
  8日上午,香港金融管理局宣布将基准利率下调100个基点。
  7日晚,澳洲中央银行大幅减息1厘,创1992年以来最大减息幅度;以色列央行昨日亦突然宣布大幅减息半厘到3.75厘,于本月12日起生效。
  韩国央行9日在此间举行金融通货委员会会议决定,将基准利率下调0.25个百分点。

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