Brazil decides to hold its benchmark rate close to record low

Source: Bloomberg
Brazil's central bank announced it will stick to current borrowing rate, close to 18-months record low as policy makers expects country inflation to slow around 4.5% in 2012. Decelerating global economy indicates inflation will keep fading in Brazil, said central bank's officials. Therefore it is likely Brazil will keep its interest rates near record lows at 9.75%.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.