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Brazil central bank cuts interest rate to record-low 2.25%

Brazil's central bank cut its benchmark interest rate by 75 basis points on Wednesday to a record-low 2.25%, as expected, in a move to cushion what may be the country's worst economic crash on record. [Source]

Publication Date:

Origin: reuters.com

Category: companyNews

Topics: interest, central, record, crash, economic, worst, country's, be the, cushion, expected, a record-low, points, basis, its benchmark, Brazil's, record-low, Brazil

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/xEt9Vqfc4T8/brazil-central-bank-cuts-interest-rate-to-record-low-2-25-idUSS0N2D8013