Natixis Analyst Expects Brazil Central Bank to Hold Rate at 13.75%
Natixis's Benito Berber says the central bank is expected to leave its benchmark rate unchanged tomorrow, which would interrupt an easing cycle. The note also cites investor concerns about rising government spending.
Brazil's central bank is expected to keep its benchmark interest rate unchanged at 13.75% tomorrow, Natixis's Benito Berber says in a note. That would interrupt an easing cycle and keep borrowing costs among the highest in the world. Investors are worried about rising government spending after the…