Brazil’s Selic Rate Set to Hit 15% by 2025: A Shift in Monetary Policy
Brazil's financial markets brace for a prolonged period of high interest rates. Analysts now project the Selic rate to reach...
December 23, 2024Section
Politics – Brazil
Galípolo’s Appointment to Central Bank Changes Economic Game Plan of Lula’s Party
Lindbergh Farias the incoming PT leader in the Chamber of Deputies has changed his tune on Brazil's Central Bank. Coverage...
December 23, 2024
Lula’s Central Bank Autonomy Pledge Drives Interest Rate Decline
Brazilian financial markets took an unexpected turn last Friday. Interest rates, which had been climbing steadily, suddenly dropped. The catalyst?...
December 21, 2024
Fiscal Package Reshapes Brazil’s Economic Landscape
Brazil's Congress concluded today its final legislative session of the year, reshaping the government's fiscal adjustment package. Initially, the government...
December 20, 2024
Brazil’s Central Bank Burns Through $17 Billion to Prop Up Real
Brazil's central bank has been actively using its reserves to strengthen the real, disbursing $17 billion in recent days. Over...
December 20, 2024
Brazil Launches Carbon Market to Cut Emissions by 15%
Brazil is set to launch a regulated carbon credit market, a significant move that could reshape its approach to greenhouse...
December 20, 2024
Brazil’s Fiscal Reform Stumbles as Congress Waters Down Key Measures
Brazil’s government aimed to save R$70 billion ($11 billion) over two years with its fiscal reform package. Coverage and analysis...
December 20, 2024
Central Bank Raises 2024 Brazil’s Growth Forecast to 3.5%
Brazil's economy is on an upward trajectory with the Central Bank revising its GDP growth forecast for 2024 to 3.5%....
December 19, 2024
Brazil’s Fiscal Package Faces Setback as Government Struggles to Secure Votes
The Brazilian government's fiscal adjustment package encountered a significant hurdle on Wednesday, December 18, failing to secure enough votes to...
December 19, 2024