Brazil Prices Leave Little Room to Ease, Central Banker Says

Updated on
  • Short-term interest-rate swaps rose following comments
  • Traders, analysts were starting to bet on possible cuts

A central bank director in Brazil signaled benchmark borrowing costs are unlikely to go down any time soon as consumer prices continue to rise at a fast pace. Short-term interest-rate swaps increased.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.