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
Selic
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
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, 2015Analysts 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’s GDP Growth Rate May Contract by 2.44 Percent in 2015
The country’s industrial production is also expected to decline more than in the previous forecasts.
September 8, 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
Selic Interest Rate Increased for the Seventh Time in Brazil
Brazil's benchmark interest rate, the Selic, has been increased for the seventh time in a row by the Central Bank's...
July 30, 2015![]](https://www.riotimesonline.com/wp-content/uploads/2014/06/consumer-demand-declines-photo-e1420549622912.jpg.webp)
Economic Indicators in Brazil Continue to Deteriorate
According to the survey analysts forecast increased inflation, deterioration in the country’s GDP and negative industrial production.
June 15, 2015
Interest Rates in Brazil Rise to 13.75 Percent
With rising inflation and unemployment, and declining production and economic activity, analysts predict a very hard economic year for the...
June 4, 2015