Key Points A 100-basis-point cut took the benchmark rate to 6.5%, with FX intervention on the table. Officials now worry inflation could slip under 3%, below the target band. Liquidity strains and abrupt moves drive the warning. Uruguay’s central bank is preparing to act if the dollar keeps weakening locally. Governor Guillermo Tolosa said the […]
Brazil Faces Second US Trade Probe as 60 Nations Targeted
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