Brazil's Lula Not Weighing Proposal to Slash Interest Rates, Minister Says
A minister said Brazil's President Luiz Inácio Lula da Silva is not weighing a proposal to cut interest rates.
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03:52:45 PM UTC
SquawkNews
By Marcela AyresBrazil's re-elected President Luiz Inacio Lula da Silva is not considering a proposal from an influential economist to slash benchmark interest rates as a way to reduce the government's debt burden, Finance Minister Dario Durigan said on Tuesday."There is nothing along those lines o…