Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
The Brazilian central bank is expected to cut interest rates by 50 basis points for the sixth consecutive time

The Brazilian central bank is expected to cut interest rates by 50 basis points for the sixth consecutive time

2024/03/20 10:15

According to reports from Caijing, the Central Bank of Brazil is expected to cut its key interest rate for the sixth consecutive time by 50 basis points. However, due to rising inflation risks, the Central Bank of Brazil may soon slow down its monetary easing pace. Traders in the local forward market are betting that this may be the last time the Central Bank of Brazil cuts rates on such a scale, and starting from June, the rate cut will be adjusted to 25 basis points.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!