MNI BRIEF: BCB Keeps Rate At 15% Again, No Cut In Sight
Dec-10 21:45By: Larissa Garcia
Brazil Central Bank+ 1
The Central Bank of Brazil (BCB) unanimously decided Wednesday to hold its official Selic rate at 15.00% again, reinforcing that keeping rates at this level for a "very prolonged period" remains "appropriate". Borrowing costs have been at this level...
