Focused on inflation, Brazil’s Central Bank tends to ignore pressure from Lula and maintain interest rates
By Vandré Kramer Once again under criticism from President Luiz Inácio Lula da Silva (PT) and ministers, the Central Bank...
May 3, 2023Topic
Monetary Policy Committee (COPOM)
Uruguay maintains interest rate at 11.50%
The Central Bank of Uruguay (BCU) announced yesterday, Wednesday, that it maintained the "contractionary bias" of the monetary policy and...
February 16, 2023
Under Lula’s attack, Brazil’s Central Bank sets interest rates in the first meeting of the year
The eyes of the Presidential Palace are on the decision the Monetary Policy Committee (Copom) will take on Wednesday (1st)
February 1, 2023
Brazilian Central Bank should maintain interest rates, but fiscal risk worries – financial market
Uncertainties about fiscal policy in the Luiz Inácio Lula da Silva (PT, progressive-globalist) government give room for the maintenance of
December 6, 2022
Inflation in Uruguay: Analysts again adjust their year-end expectations upward
Uruguayan analysts have adjusted upward inflation expectations for the end of the year according to the latest BCU's survey
April 27, 2022
Brazil Central Bank raises SELIC benchmark interest rate to double digits
The 8th consecutive increase in the SELIC, in line with forecasts, comes as Latin America’s biggest economy struggles through a...
February 3, 2022
Brazil’s Central Bank has taken appropriate measures to keep inflation within target – Campos Neto
Central Bank president Roberto Campos Neto said the institution has been taking the appropriate measures for the IPCA
January 12, 2022
Brazil’s Central Bank president: “Fed decision has little bearing on what Brazil will do”
Central Bank President Roberto Campos Neto on Thursday said in a press conference on the Quarterly Inflation Report (RTI) that...
December 17, 2021
Brazil’s basic interest rate: How the SELIC hike affects household budgets
The COPOM on Wednesday, December 8, decided to increase the SELIC rate by 1.5 percentage points, raising it from 7.75%...
December 9, 2021