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Brazil interest rates futures boosted by cenbank director remark
April 25, 2013 / 4:36 PM / 4 years ago

Brazil interest rates futures boosted by cenbank director remark

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.

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