Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to the highest in nearly two decades by ...

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.

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.

SAO PAULO (Reuters) - Brazil's annual inflation came ... central bank from pressing ahead with interest rate hikes. The bank had previously said inflation was all but certain to end 2024 above ...

The threat of inflation was particularly relevant, given Brazil's history; observers predicted inflation rates ranging from 30 percent to 80 percent. Forecasts for GDP growth in 1999 ranged from -3 ...

Brazil Analysts See Inflation Near 5% Next Year as Outlook Dims Annual inflation unexpectedly eased to 4.71% in early December Central bankers have pledged key rate at 14.25% in March ...

Analysts see consumer price increases at 4.84% next year, above the central bank’s 4.5% tolerance range ceiling. Annual inflation is seen at 4% in 2026 and 3.8% in 2027, both above the 3% target ...

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

(MENAFN- The Rio Times) Brazil's economic landscape shifts as inflation expectations increase and interest rates soar. The market's median projection for the National Consumer Price index (IPCA ...

Rising inflation is forcing Brazil’s Central Bank to hike rates once again ... the U.S. dollar is at its most devalued level in history, reaching a level of R$6.22 to $1. This year alone ...