Market increases Brazil inflation estimate to 8.51% in 2021 – Focus report
Market expectations for consumer inflation this year already exceed 8.5%, according to the Focus Bulletin released by the Central Bank...
October 4, 2021Topic
interest rates
Brazil’s New Central Bank President Defends Autonomy
Brazil’s new Central Bank (CB) President, Roberto Campos Neto vowed to keep inflation at controlled levels and promote the democratization...
March 14, 2019
Caixa Announces Reduction of Interest Rate on Credit Cards
Caixa Econômica Federal announced the reduction of interest rates on credit cards, which now ranges from 8 to 11 percent...
April 12, 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
COPOM Reduces Selic by 0.75 Percentage Points in Brazil
Brazil's benchmark interest rate now stands at 13 percent, the lowest level since April of 2015.
January 12, 2017 Brazil’s Central Bank Cuts Selic to 14 Percent/Year
According to Copom members the reversal of the upward trend of food prices was more favorable than previously anticipated.
October 20, 2016
Brazil Announces R$5B Credit for Small and Micro Business
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Conselho Deliberativo do Fundo de Amparo ao Trabalhador (CODEFAT,...
May 10, 2016
Retail Sales in Rio de Janeiro Fall 6.1 Percent in March
The retail sales in Rio de Janeiro fell 6.1 percent in March this year, compared to March 2015, according to...
April 27, 2016
Foreign Investors Start Looking at Opportunities in Brazil Again
December 2015 showed the highest direct foreign investment since December 2010 in Brazil, as speculators look for the low point...
April 2, 2016