Markets Key Facts —The signal. Brazil’s mid-month inflation gauge rose 0.41 percent in early June, a second straight monthly slowdown and below what economists expected. —The rate. The central bank has cut its benchmark Selic rate to 14.25 percent, a third straight quarter-point reduction. —The level. Annual inflation was running near 4.7 percent in May, […] The post Brazil’s Inflation Is Cooling, and Rate Cuts Are Back in View appeared first on The Rio Times.