UPDATE 2-Brazil cuts rates to new low 5.00%, signals pace of future easing may slow
Brazil’s central bank cut its
benchmark interest rate to a new all-time low of 5.00% on
Wednesday as expected, but signaled that further easing may be
less aggressive than it has been in recent months, despite
inflation running well below target.
benchmark interest rate to a new all-time low of 5.00% on
Wednesday as expected, but signaled that further easing may be
less aggressive than it has been in recent months, despite
inflation running well below target.
Posted by Reuters
