The odds are high it will also cut its short-term interest rate, now 2%, to 1.5% either at or before its policy meeting at the end of October.

美联储在十月底的政策会上或之前，下调短期利率（从现在的2％调至1.5％）的可能性很高。

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Consequently the shadow interest rate is high and monetary policy is effectively very tight.

FORBES: Student Loans and the Spring Swoon

With interest rates high the policy rate now stands at 10.75% Brazil has attracted lots of attention from yield-hungry investors.

ECONOMIST: Burgernomics