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 ...
Investors already concerned about Brazil's ballooning public debt load under veteran leftist President Luiz Inacio Lula da ...
The RBI was expected to start an interest rate cut cycle in the second half of 2024 as it had projected inflation to average ... 7% or higher growth, since COVID-19 had tripped the economy.