BRASÍLIA—Brazil’s central bank unexpectedly left its benchmark interest rate unchanged Wednesday, citing volatility in foreign financial markets, and signaled the possible end to a 19-month streak of rate cuts. The bank left its benchmark Selic rate at a record low of 6.5%, after indicating at its previous meeting that it would cut at least once more. It was the first time in 13 meetings that the bank didn’t trim the Selic.

Source: Wall Street Journal May 16, 2018 21:34 UTC