Brazil cuts rates to 9.25 pct, keeps pace of easing

BRASILIA, July 26 (Reuters) - Brazil's central bank cut interest rates below 10 percent for the first time in nearly four years on Wednesday, keeping a fast pace of monetary easing as plunging inflation gave it leeway to aid an incipient recovery.

The bank's nine-member monetary policy committee, known as Copom, cut its benchmark Selic rate by 100 basis points for the third straight time to 9.25 percent. The decision was widely expected by economists in a Reuters poll. (Reporting by Silvio Cascione; Editing by Andrew Hay)