Rousseff Aide Says Brazil Rate Moves Are 'Arsenal of the Past'

Rousseff Aide Says Brazil Rate Moves Are 'Arsenal of the Past'
Increasing rates is part of the arsenal of the past.” Traders are wagering policy makers, after reducing the benchmark rate to a near-record low 9 percent in May, will have to reverse course and increase borrowing costs early next year to rein in …
Read more on Bloomberg