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4 months ago
BRIEF-Moody's says sharp drop in interest rates, inflation in Brazil will initially provide only limited boost to economy, nation's borrowers'
April 19, 2017 / 1:10 PM / 4 months ago

BRIEF-Moody's says sharp drop in interest rates, inflation in Brazil will initially provide only limited boost to economy, nation's borrowers'

April 19 (Reuters) - Moody's:

* Moody's says sharp drop in interest rates and inflation in Brazil will initially provide only a limited boost to the economy and nation's borrowers'

* Moody's says Brazil's central bank is cutting rates and will likely continue to do so through at least 2018 as inflation slows Source text (bit.ly/2pg3dRf)

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