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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.35+2.7%Nov 10 4:00 PM EST

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To: elmatador who wrote (43693)12/10/2008 5:55:08 AM
From: Haim R. Branisteanu  Read Replies (3) of 217653
 
Brazil Bank May Keep Rate Unchanged, Ignoring Pressure for Cut

By Andre Soliani and Joshua Goodman

Dec. 10 (Bloomberg) -- Brazil’s central bank may keep the benchmark interest rate unchanged at a two-year high on inflation concerns, ignoring political pressure for an immediate cut to revive a slowing economy.

Policy makers, led by central bank President Henrique Meirelles, will keep the rate at 13.75 percent for a second straight meeting on Dec. 10, according to 44 of 46 analysts surveyed by Bloomberg. The remaining two expect a cut of at least a quarter point.

bloomberg.com
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