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Brazil Central Bank Lowers Rate by Half Point, Sees More Cuts of Same Size - Vimarsana News

Brazil Central Bank Lowers Rate by Half Point, Sees More Cuts of Same Size

(Bloomberg) -- Brazil’s central bank cut its key interest rate by half a percentage point and cued more reductions of the same size into 2024 as inflation eases toward target while the global economic outlook improves. Most Read from BloombergJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesTesla Recalls 2 Million Cars to Fix Autopilot Safety FlawsFed Pivots to Rate Cuts as Inflation Heads Toward 2% GoalElon Musk

Source: yahoo.com