UPDATE 2-Brazil cuts rates to all-time low, signals more easing ahead
20 Mar UPDATE 2-Brazil cuts rates to all-time low, signals more easing ahead
Posted at 22:15h
in
News
by KMFSLLP
SAO PAULO/BRASILIA, March 21 (Reuters) – Brazil’s central
bank cut interest rates to an all-time low on Wednesday and
unexpectedly signaled it is likely to pursue another reduction
at its May meeting as inflation continues to underwhelm.
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