THE WORLD IS SLOWING: Brazil Just Cut Rates

Soybean farming in brazil

Photo: AP Images

The story of the night: Brazil just cut lending rates to 11.5%.Previously they had been at 12.0%

The central bank is acknowledging the slowing economy, the crisis, and the fact that inflation is mitigated.

The vote was unanimous.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

Tagged In

brazil moneygame-us