Reuters logo
Brazil cenbank has more room to cut rates -director
December 22, 2016 / 1:21 PM / a year ago

Brazil cenbank has more room to cut rates -director

BRASILIA, Dec 22 (Reuters) - The Brazilian central bank has more room to cut interest rates as inflation expectations have remain anchored at a lower level, central bank director of economic policy Carlos Viana said on Thursday.

The bank earlier on Thursday cut its economic growth forecast for 2017 and reiterated that a weaker economy will likely continue to drag down inflation. (Reporting by Alonso Soto)

Our Standards:The Thomson Reuters Trust Principles.
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