Brazil’s Real Plunges to Lowest Rate Since its Creation
The Central Bank’s decision to maintain the country’s benchmark interest rate as well as volatility in foreign markets contributed to...
January 22, 2016Topic
Central Bank
Brazil’s Central Bank Maintains Selic Interest Rate
Brazil's decision to maintain the Selic at 14.25 percent was criticized by several workers’ unions.
January 21, 2016
Inflation Forecasts from Central Bank Continue to Rise in Brazil
Analysts’ forecasts for 2015 inflation increased for the twelfth consecutive time and is now at 10.44 percent for the year.
December 7, 2015
Central Bank in Brazil Forecasts 2016 Inflation Above Target Ceiling
According to financial institutions surveyed by the Central Bank, inflation in 2016 is likely to reach 6.64 percent.
November 23, 2015 Analysts Forecast Inflation Near Ten Percent in Brazil in 2015
According to the latest Focus Survey, Brazil’s Consumer Price Index will close 2015 at 9.99 percent this year and 6.47...
November 9, 2015
Brazil Real Falls to R$4 to US$1 and Stock Market Tumbles
The U.S. dollar once again surged against the Brazilian real while Brazil’s stock market registered its lowest level in six...
September 29, 2015
Brazil May Register the Lowest GDP Growth in 25 Years
A weekly survey conducted with bank analysts however shows a reduction in the annual inflation rate (IPCA), from 9.32 percent...
August 24, 2015
Recession in Brazil Might Continue Until 2016
Analysts of the Brazilian economy have changed their forecast for 2016 for the first time to negative, assuming a contraction...
August 17, 2015
Brazil’s Central Bank Increases Inflation Forecast for 2015
The rising inflation and country’s deteriorating economic situation has also led to a continuing increase of the unemployment rate.
June 25, 2015