Brazil’s central bank is expected to raise its benchmark interest rate again this week, as Latin America’s largest economy struggles with persistent inflation and gears up for a potentially growth-crushing fiscal adjustment.

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BING NEWS:
  • Future President of Brazil's Central Bank Foresees High Interest Rates for Longer to Achieve Inflation Target
    The director of Monetary Policy at the Central Bank and future president of the institution, Gabriel Galípolo, stated on Monday (2) that it may be necessary to keep the benchmark interest rate high ...
    12/2/2024 - 4:49 am | View Link
  • Brazil inflation overshoots forecasts, economists see higher rate hikes
    Brazil's consumer prices rose more than expected in the month to mid-November, data from statistics agency IBGE showed on Tuesday, fueling bets that the central bank may accelerate the pace of its ...
    11/26/2024 - 12:49 am | View Link
  • Economists see higher peak for Brazil's rates as central bank keeps tightening
    On Thursday, futures markets also began pricing in expectations that Brazil's central bank will continue raising rates through July next year, with the Selic benchmark rate projected to surpass 14%.
    11/7/2024 - 3:08 am | View Link
  • Brazil’s Central Bank Raises Rates as Inflation Rebounds
    Brazil’s central bank raised rates for the second time in a row as consumer prices get hotter. The monetary authority boosted its Selic benchmark rate to 11.25% from 10.75% on Wednesday and left ...
    11/6/2024 - 11:19 am | View Link
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