Brazil closed 2024 with annual inflation at 4.83 percent, pushed above target by higher food prices after a year in which crops were hard hit by floods and drought, official data showed Friday.

What explains Brazil’s economic turnaround? The country has undergone enormous change over the past 10 years on the macroeconomic front. Inflation, once the bane ... reached 5.2 percent in 2004—the ...

Brazil economists raised their forecasts for the benchmark interest rate and inflation at the end of next year as factors including a weak currency make consumer price pressures hard to tame.

The USD/BRL exchange rate retreated and neared the important support at 6.00 on Friday as the Brazilian real rebound continued. It has dropped from the year-to-date high of 6.3100 in December when ...

Investors already concerned about Brazil's ballooning public debt load under veteran leftist President Luiz Inacio Lula da ...

Brazil's Finance Minister Fernando Haddad said on Friday that high interest rates are poised to have a much stronger effect ...

surpassing the December 2023 levels at 11.75% and going against last year’s projections of rates in the single digits heading into 2025. Rising inflation is forcing Brazil’s Central Bank to ...