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Brazil's Meirelles says low inflation allows for further rate cuts
October 30, 2017 / 4:00 PM / 18 days ago

Brazil's Meirelles says low inflation allows for further rate cuts

SAO PAULO, Oct 30 (Reuters) - Brazil’s Finance Minister Henrique Meirelles said on Monday that inflation slowing to below bottom-end of the official target range will allow the central bank room to cut interest rates further.

Speaking to a business conference, Meirelles said the strengthening Brazilian economy has created more than 1 million jobs so far this year. (Reporting by Anthony Boadle)

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