(Reuters) - SAO PAULO, Brazil, July 26 - Brazil's central
bank said the country's strong currency has allowed for deeper
interest rate cuts, but that accelerating economic growth will
require it to be especially cautious about future rate
reductions.
In minutes released on Thursday from its rate-setting
meeting last week, the bank's monetary policy committee also
said that despite uncertainties about the strength of the U.S.
economy the outlook for continued dollar inflows to Brazil
remained positive.
Read more at Reuters.com Economic News
bank said the country's strong currency has allowed for deeper
interest rate cuts, but that accelerating economic growth will
require it to be especially cautious about future rate
reductions.
In minutes released on Thursday from its rate-setting
meeting last week, the bank's monetary policy committee also
said that despite uncertainties about the strength of the U.S.
economy the outlook for continued dollar inflows to Brazil
remained positive.
Read more at Reuters.com Economic News
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