As it's done at every meeting since August 2011, Brazil's central bank cuts its Selic rate by a quarter-point to an all-time low of 7.25%. Concerns over inflation took a back seat to growth in a 5-3 vote, as the bank board focused on the country's weak August industrial production numbers and slow pace of growth in relation to other developed nations.
As it's done at every meeting since August 2011, Brazil's central bank cuts its Selic rate by a...
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