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View Full Version : World's Biggest Rate Cut Forecast as Global Slump Deepens: Brazil Credit - Bloomberg



NewsWhore
09-27-2011, 01:51 AM
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World&#39;s Biggest Rate Cut Forecast as Global Slump Deepens: Brazil Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH4lPJ_PgzEDAYgPFbnoOIgNM9_3Q&url=http://www.bloomberg.com/news/2011-09-27/world-s-biggest-rate-cut-forecast-as-global-slump-deepens-brazil-credit.html)
Bloomberg
The real has lost 12.9 percent this month, prompting the central bank last week to step into the futures market for the first time in two years to prop up the currency. The decline in the real has also fueled concern import prices may climb, ...

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