Brasília, Brazil — Brazil’s central bank on Wednesday hiked its key interest rate to 13.25 percent in more bad news for leftist President Luiz Inacio Lula da Silva’s government, which is ...
Brazil’s central bank is likely to keep raising interest rates and take the Selic benchmark rate to 15% this year, according to the median forecast in the bank’s weekly survey of analysts ...
Gabriel Galipolo will chair his first interest rate decision as Brazil’s central bank governor on Wednesday with a clear, well-known mission: the board he now presides will raise the benchmark ...
Brazil’s central bank delivered another hefty interest-rate increase Wednesday, as policymakers grapple with stubborn inflation and skepticism about policymakers’ adherence to targets.
The central bank has raised borrowing costs from 10.5% after halting cuts last May, bucking regional peers such as Mexico and Colombia that have continued to ease.