Brazil Rate Cut Cycle Firm Despite War, Minutes Show
Key Points — Brazil’s central bank released minutes from its March meeting showing it only debated whether to cut by 0.25 or 0.50 percentage points, never considering a pause in the easing cycle it began last week — Major banks including BTG Pactual, Itaú, and J.P. Morgan read the minutes as dovish, with several forecasting […] The post Brazil Rate Cut Cycle Firm Despite War, Minutes Show appeared first on The Rio Times.
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Key Points — Brazil’s central bank released minutes from its March meeting showing it only debated whether to cut by 0.25 or 0.50 percentage points, never considering a pause in the easing cycle it began last week — Major banks including BTG Pactual, Itaú, and J.P. Morgan read the minutes as dovish, with several forecasting […]
The post Brazil Rate Cut Cycle Firm Despite War, Minutes Show appeared first on The Rio Times.
