BRASILIA: Brazil’s central bank slashed interest rates to a record low on Wednesday (Jul 31) in response to the worsening outlook for Latin America’s biggest economy. The bank cut its main rate to six percent from the previous historic low of 6.5 per cent, which had been unchanged since March 2018 …
Recent Posts
Most Popular
Bank of Japan rate hike bets for this month tumble, pressuring yen lower
MARKET expectations of a Bank of Japan (BOJ) interest rate hike this month sank after a local media report cast doubt on...
US Fed’s Jerome Powell expects good relations with Trump administration
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can...
Fed’s Powell expects good relations with Trump administration
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can...