MNI BCB WATCH: Cautious Cut, But Door Still Open To More

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Aug-05 23:08By: Larissa Garcia
Brazil Central BankBrazil

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The Central Bank of Brazil was cautiously guarded about future interest rate cuts after lowering its Selic rate by 25 basis points to 14.00% Wednesday, though some dovish elements of the statement could point to additional easing ahead. For the firs...