Brazil interest rates futures boosted by cenbank director remark
RIO DE JANEIRO, April 25
RIO DE JANEIRO, April 25 (Reuters) - Brazil's interest-rate futures trimmed early losses and were mostly trading higher on Thursday after Carlos Hamilton, the central bank's director of economic policy, said the bank could be prompted to consider "intensifying" the use of monetary policy to curb inflation.
Interest-rate contracts maturing in January 2014, one of the most heavily traded, erased early losses to rise 3 basis points to 7.86 percent.
- U.S. military strike in Somalia targeted al Shabaab leader
- Marilyn Monroe sex film to be kept private |
- Actress Jennifer Lawrence contacts authorities after nude photos hacked
- Ukraine accuses Russia of 'undisguised aggression' as rebels advance |
- Florida-bound Delta flight diverted over reclining seat dispute