More rate hikes likely coming in Brazil as inflation overshoots forecasts
Brazil's annual inflation rate slowed less than expected in early January, official data showed on Friday, cementing the ...
Brazil central bank to raise rates another 100bps in January
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 ...
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Floods, Drought Push Brazil Inflation Over Target In 2024
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.