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Brazil's central bank will hold its benchmark interest rate at a two-decade high of 15% on July 30, according to a unanimous ...
BRASILIA, April 14 (Reuters) - Brazilian central bank executive director Rogerio Lucca said on Monday that unclogging the transmission channels of monetary policy is a potential challenge ...
The central bank kicked off an aggressive tightening cycle in September, raising interest rates by 375 basis points to 14.25% in a bid to bring inflation back to its 3% target. Annual inflation ...
Brazil's central bank is convinced that monetary policy is more restrictive than normal given its guidance for an upcoming interest rate hike, and will adjust it as needed going forward, its ...
The Banco Central do Brasil (BCB), Brazil’s central bank, has recently announced a series of significant updates that confirm its commitment to fostering financial stability, transparency, and ...
Brazil’s official inflation gauge stood at 5.3% in the 12 months through May, down from 5.5% in the previous period. The central bank targets 3%, with a tolerance range of plus or minus 1.5 ...
Gabriel Galipolo will chair his first interest rate decision as Brazil’s central bank governor on Wednesday with a clear, well-known mission: the board he now presides will raise the benchmark ...
The bank’s monetary policy committee increased the benchmark rate by a full percentage point to 13.25%. ... Brazil’s central bank delivered another hefty interest-rate increase Wednesday, ...
The bank's monetary committee, known as Copom, brought its Selic benchmark rate to 14.25%, the highest level since 2016, from 13.25%. It was the fifth consecutive increase.
Brazil’s central bank governor said he’s confident the current cycle of interest rate hikes will tame above-target inflation and damp activity after policymakers cut their 2025 economic growth ...
The real has lost 17% of its value since early September after Brazil’s central bank took the markets by surprise and cut the Selic rate by 50 basis points. Despite inflation, at 7.34%, remaining much ...
Reuters. FILE PHOTO: A drone view shows the central bank's headquarters in Brasilia, Brazil, December 26, 2024. REUTERS/Ueslei Marcelino/File Photo ...