As Brazil's central bank meets, a rate cut isn't assured for the first time in over a year. The...

|By:, SA News Editor

As Brazil's central bank meets, a rate cut isn't assured for the first time in over a year. The benchmark Selic currently stands at an all-time low of 7.5%, but the bank indicated at its last meeting a pause might be in order. For the moment, still-slowing growth will have to be balanced against inflation of 5.28% (vs. the 4.5% top of the target range).