Cooling inflation strengthens bets on another Brazil rate cut
Brazil’s IPCA inflation slowed more than expected in August, with the steepest monthly consumer price decline in four years, bolstering expectations for another central-bank rate cut next week.
Brazil's annual inflation eased more than expected in August as consumer prices recorded their sharpest monthly decline in four years, adding to expectations that the central bank will cut interest rates again next week. 22% in the 12 months through August, according to the source text.