BUSINESSTHE RIO TIMES
Brazil Cuts Rates to 14.25% but Toughens Its Inflation Message
Brazil's central bank reduced the benchmark Selic rate to 14.25% but adopted stronger language regarding inflation, indicating the rate-cutting cycle may be nearing its end.
Related Signal
Adjacent reporting
- UK inflation rate eases to 2.8% in April, but slowdown is expected to be short-lived
- Paraguay Leaves Key Rate at 5.5% on Stable Inflation Outlook
- Philippine Growth Unexpectedly Slows as Inflation Risks Rise
- Venezuela Inflation Slows to 6.3% in May, BCV’s Lowest in 19 Months
- Mexico Mid-May Inflation Slowed After Banxico Ended Easing Cycle
- Japan inflation softens more than expected in April, weakening case for BOJ rate hike