Brazil’s economy expanded at the slowest pace in a year in the last quarter of 2010, cementing expectations the central bank may pause after raising interest rates in April.
Brazil’s central bank signaled it will continue to cautiously cut interest rates to bolster a sluggish economy, as Europe’s debt crisis worsens and inflationary risks remain low. Interest rate futures fell.
Brazil’s broadest measure of inflation in June eased from the previous month as iron ore prices rose at a slower pace, and food prices fell.
"It's important at this moment for the government to see inflation was under the ceiling of the target last year."
- Newton Rosa on Jan 09, 2015