February 15, 2018 / 11:09 AM / 9 months ago

Brazil c.bank stresses call for end of rate-cutting cycle

SAO PAULO, Feb 15 (Reuters) - All members of Brazil’s central bank policy board agreed that halting interest rate cuts would be appropriate if the economic outlook evolves as expected, but kept the door open for a potential final rate reduction next month, according to the minutes of its Feb. 7 meeting published on Thursday.

At the Feb. 7 monetary policy meeting, when it reduced the benchmark interest rate to an all-time low of 6.75 percent, policymakers diverged as to how strongly to hint at the end of monetary easing. (Reporting by Bruno Federowski; Editing by Gareth Jones)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below