Brazil cuts rates to 8.25 percent, signals gradual end to easing

Brazil’s central bank slashed interest rates to a four-year low on Wednesday to spur an incipient economic recovery, but said the pace of monetary easing would probably be reduced next month as policymakers prepared to gradually stop cutting rates. The bank’s nine-member monetary policy committee...

Brazil cuts rates to 8.25 percent, signals gradual end to easing