Tag: selic

A First in 10 Months: Brazil Leaves Interest Rates Alone

Brazil’s basic interest rate (known as the Selic), has risen steadily since September of ...

Interest Rate Hikes Not Reining In Brazil’s Inflation

Brazilian inflation remains strong in spite of the extremely tight monetary policy with the ...

Brazil Ends Market Week in Selling Mood

Latin American equities gave up some of the gains earned yesterday, as Brazilian traders ...

Brazil’s Central Bank Hikes Interest Rates to 18.25%

In spite of the expected interest rate hike by the Brazil’s central bank Brazilian ...

Brazil Market Upbeat Despite High Interests

The decision to increase the government’s annualized benchmark interest rate (Selic) by 0.50% at ...

Brazil Stays the Course Despite Political Pressure

Brazilian markets jumped higher, as investors reacted positively to the latest news. Brazil’s aggressive ...

Inflation Fears Made Brazil Do It

Brazil Central Bank’s Monetary Policy Committee (Copom) decided unanimously to raise the annualized benchmark ...

Tight Money Depresses Brazil Stocks

Brazilian stocks ended mixed to higher, ahead of an interest rate decision later yesterday. ...

Brazil’s Central Bank Expected to Raise Interests

Brazil’s financial market continues to expect an increase in the benchmark interest rate (Selic) ...

Brazil’s Central Bank Chief Promises Lower Interests

The president of Brazil’s Central Bank, Henrique Meirelles, says that the higher primary account ...