Brazil Assets Slide as Central Bank Rate Cut Spurs Market Angst
Brazilian markets sold off on Thursday as investors criticized the central bank for cutting interest rates while flagging a worsening inflation outlook.
By Martha Viotti Beck, Beatriz Reis, Giovanna Bellotti Azevedo ยท Bloomberg Markets
Brazilian markets sold off on Thursday as investors criticized the central bank for cutting interest rates while flagging a worsening inflation outlook.