Brazil cuts interest rates for 4th time to restore growth

Mecklai Graph of the day - Brazil’s central bank has further cut its benchmark interest rates for fourth time by 50 bps to 10.50% as the government seeks to revive economy in the wake of global economic slowdown.

January 19, 2012 / 18:39 IST

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Mecklai Graph of the day - Brazil interest rates and GDP-Snip

Brazil

first published: Jan 19, 2012 05:40 pm

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Brazil cuts interest rates for 4th time to restore growth

Mecklai Graph of the day - Brazil’s central bank has further cut its benchmark interest rates for fourth time by 50 bps to 10.50% as the government seeks to revive economy in the wake of global economic slowdown.

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