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Brazil , Thursday 16 July 2026

Brazil cuts interest rates again, leaves door open for more

Published on: Wednesday 17 June 2026

Brazil cuts interest rates again, leaves door open for more By Marcela Ayres BRASILIA, June 17 (Reuters) - Brazil's central bank cut rates at a third straight meeting on Wednesday and left its next steps open, acknowledging a tougher inflation outlook and risks from election-year fiscal stimulus. The bank's rate-setting committee, called Copom, unanimously voted to lower its benchmark Selic rate by 25 basis points to 14.25%, a level last seen in May 2025


News source: https://www.msn.com/en-us/money/markets/brazil-cuts-interest-rates-again-leaves-door-open-for-more/ar-AA25UezK

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