RIO DE JANEIRO, BRAZIL - "Even if the effect of the interest rate hike on inflation is not that clear, inflation rates tend to slow down, as seen in the IGP-M, also released today by IBRE, although this is not the official inflation index," said Boa Vista (BOAS3).
Last year, the SELIC rate increased from 2.00% to 9.25%. According to Boa Vista, this rise pushed the interest rate for households up 7.92 percentage points and closed 2021 at 45.12%.
According to the company, the largest share of this increase came from the cost of funding, which . . .