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View Full Version : Real’s Rebound Means Brazil Can Cut Interest Rates: Week Ahead - Bloomberg



NewsWhore
03-08-2009, 11:40 PM
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Real’s Rebound Means Brazil Can Cut Interest Rates: Week Ahead (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Dae1hDu0RMBmQ%26refer%3Dlatin_america&cid=0&ei=b5C0SYHCKo76wAHRie37BQ&usg=AFQjCNHK0CYsoazteza0EVVBc3RGJkb0ig)
Bloomberg
“Aggressive interest rate cuts in this environment will strengthen the currency, not weaken it,” Caio Megale, chief economist at Maua, said in a telephone interview. He predicts the real will advance to as strong as 2.2 per dollar this year. ...


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