Canada interest rates remain unchanged o implied interest rate

October 20, Canada's Central Bank announced 19 maintain benchmark interest rate unchanged, while repair today and tomorrow under two years of economic growth estimates, suggesting that the short term will not be offering the austerity policies. In addition, according to the minutes of the Australian Bank, although the policy officials in two weeks ago decided to wait, but it seems that'll be the interest.

This move three times in a row, the Canadian Bank of 19, maintain benchmark interest rate fixed at 1%, and external expectations. The row and cut in Canada this year, the economic growth rate predicted values from a previously estimated 3.5 per cent to 3 per cent next year from 2.9% to 2.3%, and cost to the end of 2012 will play all potential than July estimated early also late 2012.

According to "the economic times, Taiwan, Canada's Central Bank to join message Korea, Brazil, Malaysia and Australia's Central Bank, in the global recovery is still there when you choose to maintain the existing variable interest rate level, but also avoid and Federal Reserve (Fed) and the European Central Bank (ECB) European Central Bank are opposite; suggests that may introduce new stimulus policies.

In recent months, only Sweden and India, and other major national interest, Singapore will relax star interval, or $ fluctuation is equal to implement austerity policy.

Canada's Central Bank said in a statement, which coincided with the global recovery, the conversion period, the United States a weak Outlook for emerging markets growth began to moderate, with Canada's domestic consumption and real estate activities may begin to slow down, to reduce monetary policy stimulus required careful consideration.

Canadian dollar 19 in New York early trading Forex market slump 2% to $ 1.0374. $ 14 to $ shengpo and low-priced standard, is the first half-year. The Bank of Nova Scotia (NovaScotia) Economist John Terry, now global central banks hands are Fed Bank of bind, the other main also are considering new liberal measures.

Australia's Central Bank 19 published Conference records, officials at a meeting on 5 November that interest rates remain at resolution 4.5%, mainly because of the signs of credit growth retardation, and Australian dollars, as well as international top prospects remain uncertain.

However, the line looks intends to move quickly, because records wrote constantly rising inflation, central banks might be forced to finally had to implement austerity policy. Central banks cannot be indefinite stay, such as the outbreak of the world economy.