BRASILIA, June 6 Rising uncertainty in Brazilian
financial markets prompted policymakers to signal they were
poised to reduce the pace of interest rate cuts in July, the
central bank said in the minutes of its last rate-setting
meeting released on Tuesday.
The bank's nine-member monetary policy committee, known as
Copom, decided last week to lower its benchmark Selic rate
by 100 basis points to 10.25 percent. But it then
added in a statement that it considered appropriate to dial down
the pace of easing going forward.
(Reporting by Silvio Cascione Editing by W Simon)