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

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

Brazilian analysts say the tariffs announced by U.S. President Donald Trump against Canada, Mexico and China could cause a ...

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

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.

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

which is already projected to be slower this year. Since Brazil has made several rate hikes recently, it may be reluctant to cut in early 2025, even if inflation improves. Currency Risk ...

(Bloomberg) -- Brazil’s economic ... and late last year the government announced tax breaks for poorer families. Still, central bankers have pledged to hike rates to 14.25% by March from the ...

Brazil's central bank on Wednesday hiked its key interest rate to 13.25 percent in more bad news for leftist President Luiz ...

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