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Brazil central bank signals possibility of rate cut in August by majority view

Brazil central bank signals possibility of rate cut in August by majority view

© Reuters. FILE PHOTO: A man walks in front of the Central Bank headquarters building in Brasilia,Brazil?February 14, 2023. REUTERS/Adriano Machado/File Photo By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank signaled on Tuesday that a majority of its policymakers see a possibility of a “parsimonious” rate cut at its next meeting in August, provided that…

Dollar weakens as Powell’s testimony offers little surprise; sterling steady

Dollar weakens as Powell’s testimony offers little surprise; sterling steady

© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo   AUD/USD -0.13% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100…