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View Full Version : Is Brazil's Sharp Rate Cut Forecasting Recession


NewsWhore
09-02-2011, 05:12 AM
Brazil's Central Bank cut the benchmark Selic rate to 12% from 12.5% on Wednesday. Is it seeing data that points to a greater than expected slowdown in Brazil, or is it preparing for a double ...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/48243752/)