Brazil’s central bank chief argues for fiscal stability to ensure interest rate cuts
During a recent Senate session, Central Bank President Roberto Campos Neto emphasized the critical importance of fiscal stability in achieving...
August 10, 2023Topic
interest rates brazil
Brazilian Senate summons central bank president to explain high interest rate
The Brazilian Senate has approved a summons for the president of the Central Bank, Roberto Campos Neto, to provide an...
June 28, 2023
Brazil’s Central Bank chief affirms Government’s correct course, cautions patience needed for interest rate reduction
Roberto Campos Neto, the President of the Central Bank, expressed on Monday (12) that the government's economic team is correctly...
June 13, 2023
High interest rates in Brazil impede access to credit for 71% of businesses, reveals survey
A study by Brazil's National Confederation of Industry (CNI) indicates that high-interest rates pose a major obstacle for 71% of...
June 9, 2023
Brazil’s interest rate futures open in strong decline to lows not seen since February 2022
The relief in inflation reinforces expectations that a cut in the basic interest rate (Selic), currently at 13.75% per year,...
May 25, 2023
President of Brazil’s Central Bank opposes revising inflation targets and lowering interest rates
The president of the Central Bank of Brazil, Roberto Campos Neto, ratified yesterday, Tuesday, his opposition to revising the inflation...
February 15, 2023
Credit card interest in Brazil rises to 399.5% per year in October
The interest rates on the revolving credit card for individuals rose 8.8 percentage points in October, reaching 399.5% per year.
November 28, 2022
Brazil: Inflation forecast for 2022 drops once more to 5.71%
The financial institutions the Brazilian Central Bank (BC) heard in the Focus Bulletin reduced from 5.74% to 5.71% the forecast...
October 10, 2022
Brazilian Central Bank raises projection for economic growth from 1.7% to 2.7%
The Brazilian Central Bank (BC) raised the projection for economic growth this year.
September 30, 2022