Brazil's annual inflation rate slowed less than expected in early January, official data showed on Friday, cementing the ...

Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing ...

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.

To achieve the inflation target, the Central Bank's main instrument is the basic interest rate, Selic ... for the growth of the Brazilian economy this year varied from 2.08% to 2.09%.

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.

After Brazil's statistics bureau ... sets the country’s benchmark interest rate known as Selic, an index that remained high throughout the year but went down from 13.75% to 11.75% after four ...

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

Brazil economists raised their 2025 inflation ... It was the 11th straight upward revision to next year’s estimate. Annual inflation will stand at 4.9% this month, down slightly from the prior ...

The year-end target served as a temporary anchor ... These microeconomic reforms will support Brazil's inflation targeting cum flexible exchange rate system. This article is based on a talk delivered ...