BBCNEWS World Business Report June 4, 2024 04:43:00
Let's continue with our business coverage and focus on brazil where its central bank is expected to cut interest rates for the first time in three years today. economists are expecting a small cut of 25 basis points from its current high of 13.75 percent. president lula himself has called on the central bank to cut interest rates as inflation eased. but to what extent will a small cut stimulate latin america's largest economy? i'm joined byjimena blanco, chief analyst and head of america's research at the risk intelligence company verisk maplecroft. so the central bank is likely to reduce rate...
Source: archive.org