Brazil cuts interest rate by 50bp, signals continued easing pace
Central Bank Committee projects ongoing cuts of 50 basis points “in the upcoming meetings” 02/01/2024 Central Bank’s Copom suggested similar reductions “in the next few meetings” should economic conditions unfold as projected — Foto: Beto Nociti/BCB The Brazilian Central Bank’s Monetary Policy Committee (Copom) has once again lowered the Selic (Brazil’s benchmark interest rate) rate, […]