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Brazil central bank cuts rates by 50 bps in second straight decision

After kicking off the easing cycle with a split decision in August, the bank’s rate-setting committee, called Copom, voted unanimously to cut its benchmark Selic rate to 12.75%, in line with the expectations of all 48 economists surveyed by Reuters.

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​ After kicking off the easing cycle with a split decision in August, the bank’s rate-setting committee, called Copom, voted unanimously to cut its benchmark Selic rate to 12.75%, in line with the expectations of all 48 economists surveyed by Reuters. After kicking off the easing cycle with a split decision in August, the bank’s rate-setting committee, called Copom, voted unanimously to cut its benchmark Selic rate to 12.75%, in line with the expectations of all 48 economists surveyed by Reuters.  Moneycontrol Latest News Read More  

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