WS #13501
Fed Governor Cook says 'prepared to act' on rate hike if inflation doesn't slow; Minneapolis Fed's Kashkari also suggests gradual rate increases. Brazil's central bank cuts Selic rate by 25bps to 14.00% as expected, with unanimous decision and cautious tone on inflation.
Fed Hawkish Signals
Fed Governor Cook says 'prepared to act' on rate hike if inflation doesn't slow; Minneapolis Fed's Kashkari also suggests gradual rate increases.
Brazil's central bank cuts Selic rate by 25bps to 14.00% as expected, with unanimous decision and cautious tone on inflation.