Brazil Cuts Interest Rate to Record Low

Brazil’s central bank signaled it will keep borrowing costs at a record low for an extended period as President Dilma Rousseff’s administration struggles to revive the economy amid slowing global growth.
Fed: Labor Market and Housing Have Improved
08:03 - Federal Reserve policy makers said the labor market and housing have improved, moving closer to ending an unprecedented period of near-zero interest rates without providing a clear signal on the timing of liftoff. Bloomberg's Michael McKee reports on "Bloomberg Markets." (Source: Bloomberg)
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