Brazil central bank says rate-cut path uncertain, dependent on data

BRASILIA, March 24 (Reuters) - Brazil's central bank said on Tuesday that the magnitude and duration of its interest rate calibration will be determined over time, as new data feed into its assessments, after it delivered a 25-basis-point cut to 14.75% last week.

In the minutes from its latest policy meeting, the bank said the decision is "consistent with the current scenario, in which the duration and extent of geopolitical conflicts, as well as mixed signals regarding the pace of economic activity slowdown and its effects on price levels, hinder the identification of clear trends."