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

Brazil Central Bank Lowers Rate by Half Point, Sees More Cuts of Same Size
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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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 ....

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Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut

Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut

(Bloomberg) Brazil’s central bank lowered its interest rate by a larger-than-expected 50 basis points and signaled more cuts of the same size are coming, cementing a dovish shift amid President Luiz Inacio Lula da Silva’s crusade for lower borrowing costs.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Has Worst Day Since April After Big Rally: Markets WrapCanada PM Justin Trudeau Spli ....

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Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut

(Bloomberg) Brazil’s central bank lowered its interest rate by a larger-than-expected 50 basis points and signaled more cuts of the same size are coming, cementing a dovish shift amid President Luiz Inacio Lula da Silva’s crusade for lower borrowing costs.Most Read from BloombergQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’The Strange Story Behind ‘Baldur’s Gate 3,’ ....

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