Tag: interest rates brazil

The Central Bank's Monetary Policy Committee (Copom) announced on Wednesday a 0.5 percentage point increase in the prime rate, the Selic, from 13.25% to 13.75% per annum. The market expected this increase. In a communiqué issued after the June meeting,...
RIO DE JANEIRO, BRAZIL - The Central Bank (BC) said Tuesday that the key interest rate, the Selic, will remain in the "significantly contractionary" range for a more extended period than previously expected. The information was published in the...
RIO DE JANEIRO, BRAZIL - Chilean swaps expect a rate cut in December, and the latest survey of financial players published by the central bank confirms this assessment. Borrowing costs are expected to peak between 9.25% and 9.5% in...
RIO DE JANEIRO, BRAZIL - The cost of Brazil's public debt is expected to increase by R$580.1 (US$113) billion in 12 months, with the prime rate (Selic) at 13.25% per year, the rate estimated by the financial market for...
RIO DE JANEIRO, BRAZIL - Brazil's central bank raised its benchmark interest rate by a whole percentage point for the second straight day, extending one of the world's most aggressive tightening cycles since the pandemic. As expected by all economists...
RIO DE JANEIRO, BRAZIL - Despite having the fourth highest interest rate globally, 11.75% per year, Brazil continues to attract investments from foreign venture capital funds. According to firms consulted by Forbes, the demand for innovative solutions and the...
RIO DE JANEIRO, BRAZIL - Brazil once again is the country with the highest real interest rate worldwide, according to a ranking compiled by MoneYou and Infinity Asset Management. The country was in the second position on the list, but...
RIO DE JANEIRO, BRAZIL - Market expectations for consumer inflation this year already exceed 8.5%, according to the Focus Bulletin released by the Central Bank on Monday. The weekly survey pointed out that the expectation for the IPCA high is...
RIO DE JANEIRO, BRAZIL - The Selic may rise to 7% in 2021, Bank of America (BofA) estimates in a report sent to clients on Tuesday, June 22. David Beker and Ana Madeira, signers of the document, believe that...

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