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Brazil Central Bank Chief Defends Decision to Slow Rate Cuts

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Brazil’s central bank chief justified his decision to change the institution’s written guidance on interest rates during a public speech, one day after another board member said such a move should have been discussed with the whole board and communicated through more formal channels.

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Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brazil Central Bank Slows Pace of Interest Rate Cuts as Board Members Clash in Split Vote(Bloomberg) -- Brazil’s central bank cut its interest rate by a quarter-point, slowing its easing pace in a split vote that exposed rifts between members...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Brazil’s Central Bank Warns Investors of Growing UncertaintiesBrazil’s central bank head Roberto Campos Neto told investors that uncertainties have increased since the last monetary policy meeting as economists weigh odds that policymakers will slow interest rate cuts.
Source: BNNBloomberg - 🏆 83. / 50 Read more »