EMERGING MARKETS-Brazil interest rate futures jump on policy tightening bets

SAO PAULO, Nov 26 (Reuters) - Yields on Brazil's interest rate futures contracts jumped on Thursday as investors bet the central bank would raise its benchmark rate in January amid dissent among policymakers over how to battle the country's stubbornly high inflation. Two of the eight members of the central bank's monetary policy committee voted for a 0.50 percentage point rate hike late on Wednesday, in a rare sign of dissent. Brazil's inflation rate is near 10 percent despite a deep recessi
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.