Brazil cuts interest rates amid US economic uncertainty

Uncertainty around rate of disinflation prompts committee to reduce rates with caution

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Ilan Goldfajn, governor of the Central Bank of Brazil

The Central Bank of Brazil has continued to ease monetary policy, cutting interest rates by 25 basis points amid uncertainty surrounding the economic climate in the United States.

In a statement released on November 30, the bank's monetary policy committee (Copom) said it had voted unanimously to reduce rates to 13.75%.

"There is a high probability that the process of normalization of the stance of monetary policy in the United States will soon resume, and the course of its economic policy is

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