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

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.

(Bloomberg) -- Brazil economists ... an increase from last week’s forecast of 5% that marks the 14th straight upward revision. Estimates for annual inflation next year also rose to 4.10% ...

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.

BRASILIA (Reuters) - Brazil's Finance Minister Fernando Haddad said on Friday that high interest rates are poised to have a much stronger effect on inflation ... the end of last year.