Brazil's central bank, meanwhile, unexpectedly cut interest rates, citing a 'retreat of projections' for economic growth and a' disinflationary bias' likely in the months ahead.
2
巴西央行迄今一共降息三次,把作为基准的清算与托管特别系统(Selic)目标利率下调到11%。
The bank has made three consecutive interest-rate cuts in total, bringing the benchmark Selic base interest rate to 11%.