Meirelles: Brazil interest rates will keep falling

Bank of Brazil president Henrique Meirelles said Friday, according to AE Brazil, that low inflation could mean interest rates will continue to fall from the current 19%. Speaking ahead of a sovereign debt conference at the Dallas Federal Reserve Bank, Meirelles also said that economic recovery in the U.S. should "help Brazil."

Source: AE Brazil

Brazilian Central Bank President Henrique Meirelles said Friday that Brazils interest rates will keep falling "as a result of lower inflation."

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