Brazil leaves its benchmark interest rate unchanged

Author: Eamonn Sheridan | Category: Central Banks

Central Bank of Brazil leaves rate at 6.5%

Cites
  • no requirement for additional easing to send inflation back to target
  • slow, gradual economic recovery (recent indicators showing some weakness)
  • Inflation outlook favourable, underlying metrics remain low
  • Risk of change in the outlook for emerging markets has got worse