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Brazil Cuts Rates for a Fourth Straight Time as Fed Holds Steady
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Brazil Cuts Rates for a Fourth Straight Time as Fed Holds Steady
Brazil’s central bank cut its benchmark Selic interest rate to 14.0% in early August, its fourth consecutive reduction, even as the US Federal Reserve continues to hold its own rates steady following a benign July inflation report, highlighting sharply diverging monetary policy paths between the two economies. What Happened Brazil’s central bank lowered the Selic […] The post Brazil Cuts Rates for a Fourth Straight Time as Fed Holds Steady appea…
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