Brazil Slashes Interests by 1.5% Fearing GDP Will Contract [Archive] - In Search of Chicas

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03-13-2009, 08:13 AM

The central bank of Brazil slashed the Selic benchmark interest rate by 150 points to 11.25%, the most in five years. The vote was unanimous and follows a barrage of negative data about South America&...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/22725174/)