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Tag: interest rate Brazil

The constant hikes in interest rates are an "imprudent" policy that will take its toll, mainly on developing countries. According to an official document from the UN Conference on Trade and Development (UNCTAD), raising interest rates is an imprudent policy...
RIO DE JANEIRO, BRAZIL - The probability of inflation exceeding the limits of the target tolerance range this year rose from 88% in the March estimate to 100%, according to the Quarterly Inflation Report released Thursday by the Brazilian...
RIO DE JANEIRO, BRAZIL - On Wednesday, June 15, Brazil's Central Bank raised the basic interest rate by 0.5 percentage points to 13.25% per annum, its highest level in six years, in an attempt to curb inflation, which stands...
RIO DE JANEIRO, BRAZIL - The financial market had another tense day awaiting decisions about basic interest rates in Brazil and the United States. The dollar rose for the seventh time in a row and reached its highest value in...
RIO DE JANEIRO, BRAZIL - The National Wide Consumer Price Index (IPCA-15), Brazil's official inflation indicator, accelerated in April and rose 1.73%, the highest monthly variation since February 2003 (2.19%) and the highest for April since 1995 (1.95%). The IPCA-15...

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