Reported 1 day ago
Brazil's inflation rate decreased more than anticipated in May, rising 0.26% monthly and 5.32% annually, which is still above the central bank's target. This slowdown raises questions ahead of the upcoming interest rate-setting meeting on June 17-18, where markets expect the central bank to potentially pause its tightening cycle, although some analysts still foresee a final rate hike due to underlying economic pressures.
Source: YAHOO