Largest Interest Rate Cut in 8 Years Announced in Brazil
Brazil's Central Bank decided unanimously to reduce the Selic by one percentage point to 11.25 percent.
April 13, 2017Topic
Central Bank
CB of Brazil Expects US$30 Billion in Foreign Accounts Deficit
The Central Bank (CB) of Brazil expects a larger deficit in foreign accounts this year, increasing from US$28 billion to...
March 24, 2017
Brazil Reduces Selic by Another 0.75 Percentage Points
Brazil's benchmark interest rate now stands at its lowest level in almost two years.
February 23, 2017 U.S. Dollar Closes at Lowest Value in 19 Months in Brazil
Not even the possible decision by U.S. Fed to raise US interest rates helped the North American currency in Brazil...
February 15, 2017
Inflation Within Target in 2016 Says Brazil’s Central Bank
The last Quarterly Inflation Report for 2016 forecasts inflation at 6.5 percent, the upper limit of the established target. For...
December 23, 2016
Latin American Region to Register ‘Moderate’ GDP Growth in 2017
Region's recovery will be 'fragile' as long as the uncertainties continue, particularly the recently observed protectionist trends, say ECLAC officials.
December 15, 2016
New Report Forecasts Over Three Percent Drop in GDP for Brazil
GDP growth should be less than previously forecast, inflation to remain over the center of the target and benchmark interest...
December 5, 2016
U.S. Dollar Registers Highest Daily Hike in Brazil in 8 Years
Negative foreign and domestic economic news led to the appreciation of the US dollar against the Brazilian real and the...
November 11, 2016
Brazil’s Bovespa Down, Dollar Up With Trump Win
Brazil’s Central Bank President Ilan Goldfajn said his team was monitoring the situation and would take 'appropriate measures' if necessary.
November 9, 2016