Brazil Central Bank Can Keep Cutting Rates, Governor Says
November 21, 2023
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11:06Now PlayingBrazil Central Bank Can Keep Cutting Rates, Governor Says
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as posted by the channelBrazil central bank Governor Roberto Campos Neto discusses the state of the economy and monetary policy. After leading Latin America into an aggressive tightening cycle in the wake of the pandemic, the bank was among the first to begin relaxing monetary policy. It has delivered three consecutive half-percentage point cuts since August, lowering the benchmark Selic rate to 12.25%. Campos Neto speaks with Shery Ahn on "Bloomberg Daybreak: Australia."
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