BRASILIA, Feb 1 (Reuters) - Brazil’s central bank on Wednesday held interest rates steady at a fourth straight policy meeting, while signaling a more cautious stance due to fiscal risks in its first policy decision since the inauguration of President Luiz Inacio Lula da Silva.
The bank’s rate-setting committee, known as Copom, left its Selic benchmark interest rate at 13.75%, as expected by all 30 economists in a Reuters poll. (Reporting by Marcela Ayres Editing by Brad Haynes)
Our Standards: The Thomson Reuters Trust Principles.