Reuters: Brazil cuts rates to all-time low, signals more easing ahead
Article published: March 21, 2018
IB Economics syllabus: 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
Do you need a little boost with IB Economics?
Get help from an examiner: check out private lessons.