Reuters: Brazil cuts rates to all-time low, signals more easing ahead
Article published: March 21, 2018
IB Economics syllabus:Â Macroeconomics (monetary policy)
Brazil has cut its interest rates to record low in order to boost inflation and AD during a slow recovery after a deep recession. A clear real-life example of easy (expansionary) monetary policy.
Source of image: Gustavo Gomes/Bloomberg
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