The bank’s monetary policy committee increased the benchmark rate by a full percentage point to 13.25%.

Brazils central bank raised its benchmark Selic rate by 100 basis points to 13.25% on Wednesday, marking the second ...

Brazil’s central bank lifted its interest rate by a full percentage point for the second meeting and said the board will do ...

Brazil faces rising interest rates, inflation outside the target, and fiscal problems, impacting its economic stability. Read ...

Brazil’s annual inflation slowed less than expected in early January despite a drop in energy costs, highlighting the ...

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

Brazil's Central Bank (BCB ... To achieve the inflation target, the Central Bank's main instrument is the basic interest rate, Selic, set at 10.5% per year by the Monetary Policy Committee ...

Braz estimates that Brazil’s official inflation should close out 2024 at ... there could be a devaluation of the exchange rate [against the dollar], and this leads to inflation because we ...

Brazil's central bank raised its interest rate to 13.25% to combat inflation. Despite resilient growth and rising inflation ...

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.

chief economist at ABC Brasil bank, who forecast rates peaking at 15% in May. So far, the bank's aggressive stance has not been enough to anchor inflation expectations, which have continued ...