Brazils central bank lowered 50 basis points or revised its forward-looking guidelines

category:Finance
 Brazils central bank lowered 50 basis points or revised its forward-looking guidelines


At the same time, the Bank of Japan will also release the interest rate resolution today. According to the Nikkei news, the Bank of Japan is considering revising the forward-looking guidance in the interest rate resolution on October 31 to more clearly indicate the possibility of future interest rate reduction. With the recent weak economic data in Japan and the governor of the Bank of Japan repeatedly said that it would cut interest rates if necessary, market expectations for the Bank of Japan to cut interest rates have risen sharply. It is generally believed that even though the Bank of Japan is still standing still this year, it is still difficult to get rid of further easing measures by 2020, and long-term easing is still the keynote of the Bank of Japan.