Worsening economy and high interest rates should decrease credit in Brazil
The increase in the basic interest rate (SELIC) and the possible worsening of economic indicators, with new rounds of insulation...
March 23, 2021Topic
Selic
Brazil economy ministry raises 2021 inflation forecast to 4.4%
Brazil’s economy ministry raised its inflation outlook for this year to 4.4% on Wednesday, March 17th, the same day the...
March 17, 2021
Insolvencies could skyrocket 47% in Brazil in 2021, says Allianz Group
RIO DE JANEIRO, BRAZIL - Company insolvency could skyrocket 47% in Brazil this year, due to the withdrawal of government...
March 8, 2021
Brazilian Economy Growth Forecast 3.45% for 2021; Inflation within 3.75% Target Margin
Brazilian financial and market analysts upgraded their economic growth forecast for 2021, from 3.41% to 3.45%, and maintained the projection...
January 19, 2021
Brazil Rate Outlook Rises, Even as Inflation Expectations Hold – Central Bank Survey
The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central...
January 11, 2021
Stars Align for Brazil’s Real to Outshine Mexican Peso in 2021
Booming commodities, rock-bottom valuations and a hawkish turn at central bank are all poised to support the Brazilian real. But...
December 22, 2020
Brazil Central Bank Holds SELIC Rate at Record Low 2.00%, Eyes Possible Rise
Brazil’s central bank kept its key interest rate at a record-low 2.00% on Wednesday, as expected, but gave the first...
December 9, 2020
Brazil’s Economic Growth Forecast Falls For the Eighth Consecutive Time
Financial institutions in Brazil reduced on Monday the country’s economic growth forecast for the eighth consecutive time this year, showed...
April 23, 2019November Inflation in Brazil Lowest for the Month Since 1994
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Financial institutions consulted by Brazil’s Central Bank (BC) have...
December 10, 2018